| NKLA latest price $10.3450 (6.48%) ($10.3450 - $10.3450) on Thu. Sep. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 53 |
Latest Price | $10.3450(6.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.9% a day on average for past five trading days. |
Weekly Trend | NKLA declines -1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock 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 -2.26% 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 | -2.26% (StdDev 4.52%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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