| NKLA latest price $17.5500 (4.78%) ($17.5500 - $17.5500) on Fri. Jun. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 77 |
Latest Price | $17.5500(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.7% a day on average for past five trading days. |
Weekly Trend | NKLA advances 15% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(64%) IBUY(64%) ACES(63%) IPO(63%) ONLN(60%) |
Factors Impacting NKLA price | NKLA will decline at least -2.995% in a week (0% probabilities). VIXM(-37%) VXX(-32%) UUP(-13%) UNG(-5%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.995% (StdDev 5.99%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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