| NKLA latest price $9.1800 (3.67%) ($9.1800 - $9.1800) on Tue. Mar. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.1% (three month average) |
RSI | 63 |
Latest Price | $9.1800(3.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 4.4% a day on average for past five trading days. |
Weekly Trend | NKLA advances 11.3% 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(75%) IBUY(73%) IPO(73%) ACES(71%) ONLN(71%) |
Factors Impacting NKLA price | NKLA will decline at least -3.05% in a week (0% probabilities). VIXM(-50%) 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 | -3.05% (StdDev 6.1%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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