| NKLA latest price $6.3950 (7.75%) ($6.3950 - $6.3950) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.04% (three month average) |
RSI | 66 |
Latest Price | $6.3950(7.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.2% a day on average for past five trading days. |
Weekly Trend | NKLA advances 5.7% 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) QQQ(74%) XHB(73%) IPO(70%) XLK(70%) IBUY(68%) |
Factors Impacting NKLA price | NKLA will decline at least -3.02% in a week (0% probabilities). UNG(-5%) XOP(7%) UUP(-34%) TBT(-32%) EDOC(-16%) |
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 | -3.02% (StdDev 6.04%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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