| NKLA latest price $6.7700 (8.58%) ($6.7700 - $6.7700) on Thu. May. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.87% (three month average) |
RSI | 50 |
Latest Price | $6.7700(8.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 2.1% a day on average for past five trading days. |
Weekly Trend | NKLA advances 4% 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(75%) IPO(74%) ONLN(74%) DRIV(71%) |
Factors Impacting NKLA price | NKLA will decline at least -2.935% in a week (0% probabilities). VIXM(-65%) VXX(-51%) UUP(-33%) TBT(-14%) USO(-10%) |
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 | -2.935% (StdDev 5.87%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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