| NKLA latest price $14.0050 (-1.48%) ($14.0050 - $14.0050) on Fri. Jul. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.46% (three month average) |
RSI | 28 |
Latest Price | $14.0050(-1.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.2% a day on average for past five trading days. |
Weekly Trend | NKLA declines -4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(66%) ACES(64%) IBUY(64%) IPO(64%) ONLN(62%) |
Factors Impacting NKLA price | NKLA will decline at least -2.73% in a week (0% probabilities). VIXM(-39%) VXX(-32%) UUP(-15%) UNG(-6%) TLT(-5%) |
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 | -2.73% (StdDev 5.46%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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