| NKLA latest price $5.5950 (-0.97%) ($5.5950 - $5.5950) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.9% (three month average) |
RSI | 39 |
Latest Price | $5.5950(-0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.3% a day on average for past five trading days. |
Weekly Trend | NKLA declines -7.8% 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) IBUY(71%) ONLN(70%) ARKK(69%) IPO(69%) IWC(68%) |
Factors Impacting NKLA price | NKLA will decline at least -2.95% in a week (0% probabilities). VIXM(-98%) VXX(-54%) UUP(-19%) USO(-19%) TBT(-18%) |
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 | -2.95% (StdDev 5.9%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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