| NKLA latest price $7.9200 (-2.16%) ($7.9200 - $7.9200) on Thu. Feb. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 58 |
Latest Price | $7.9200(-2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.4% a day on average for past five trading days. |
Weekly Trend | NKLA advances 2.7% 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(75%) IPO(74%) ACES(73%) IBUY(73%) ARKG(70%) |
Factors Impacting NKLA price | NKLA will decline at least -2.5% in a week (0% probabilities). VIXM(-48%) VXX(-38%) UUP(-23%) USO(-5%) UNG(-5%) |
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 | -2.5% (StdDev 5%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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