| NKLA latest price $8.4850 (5.73%) ($8.4850 - $8.4850) on Tue. Feb. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.06% (three month average) |
RSI | 58 |
Latest Price | $8.4850(5.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.9% a day on average for past five trading days. |
Weekly Trend | NKLA advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(74%) IBUY(73%) IPO(73%) ACES(72%) ONLN(70%) |
Factors Impacting NKLA price | NKLA will decline at least -2.53% in a week (0% probabilities). VIXM(-47%) VXX(-37%) UUP(-24%) USO(-5%) UNG(-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 | -2.53% (StdDev 5.06%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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