| NKLA latest price $5.1600 (0.29%) ($5.1600 - $5.1600) on Wed. Jul. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.84% (three month average) |
RSI | 48 |
Latest Price | $5.1600(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.4% a day on average for past five trading days. |
Weekly Trend | NKLA declines -5.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) IPO(71%) IBUY(70%) ARKK(69%) ONLN(69%) QQQ(68%) |
Factors Impacting NKLA price | NKLA will decline at least -2.92% in a week (0% probabilities). UUP(-29%) TBT(-19%) USO(-14%) EDOC(-10%) XLE(-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 | -2.92% (StdDev 5.84%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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