| NKLA latest price $8.8550 (0.68%) ($8.8550 - $8.8550) on Mon. Mar. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.08% (three month average) |
RSI | 60 |
Latest Price | $8.8550(0.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 4.9% a day on average for past five trading days. |
Weekly Trend | NKLA advances 8.6% a week on average for past two weeks. |
Market Behavior | Normal 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(75%) IBUY(73%) IPO(73%) ACES(71%) ONLN(71%) |
Factors Impacting NKLA price | NKLA will decline at least -3.04% in a week (0% probabilities). VIXM(-51%) VXX(-37%) UUP(-26%) TBT(-8%) UNG(-1%) |
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 | -3.04% (StdDev 6.08%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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