| NKLA latest price $10.5400 (-1.22%) ($10.5400 - $10.5400) on Mon. Oct. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 51 |
Latest Price | $10.5400(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.8% a day on average for past five trading days. |
Weekly Trend | NKLA declines -3.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(69%) ACES(67%) IBUY(67%) IPO(67%) ARKG(65%) |
Factors Impacting NKLA price | NKLA will decline at least -2.16% in a week (0% probabilities). VIXM(-43%) VXX(-34%) UUP(-18%) UNG(-7%) BNDX(-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 | -2.16% (StdDev 4.32%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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