| NKLA latest price $9.7500 (-1.86%) ($9.7500 - $9.7500) on Fri. Dec. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 30 |
Latest Price | $9.7500(-1.86%) |
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 -3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(73%) IBUY(72%) ACES(71%) IPO(71%) ONLN(70%) |
Factors Impacting NKLA price | NKLA will decline at least -2.525% in a week (0% probabilities). VIXM(-49%) VXX(-41%) UUP(-21%) UNG(-7%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.525% (StdDev 5.05%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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