| NKLA latest price $10.7150 (2.05%) ($10.7150 - $10.7150) on Tue. Sep. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.64% (three month average) |
RSI | 62 |
Latest Price | $10.7150(2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.3% a day on average for past five trading days. |
Weekly Trend | NKLA advances 5.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(68%) ACES(67%) IBUY(67%) IPO(66%) ONLN(65%) |
Factors Impacting NKLA price | NKLA will decline at least -2.32% in a week (0% probabilities). VIXM(-42%) VXX(-35%) UUP(-18%) IGOV(-7%) UNG(-6%) |
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 | -2.32% (StdDev 4.64%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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