| NKLA latest price $5.3550 (6.36%) ($5.3550 - $5.3550) on Wed. Sep. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 38 |
Latest Price | $5.3550(6.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.6% a day on average for past five trading days. |
Weekly Trend | NKLA declines -5.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) SPLV(66%) USO(8%) UUP(-80%) SDY(70%) SHY(52%) |
Factors Impacting NKLA price | NKLA will decline at least -2.33% in a week (0% probabilities). EEM(78%) BNDX(39%) KWEB(71%) BND(75%) CEMB(67%) |
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 | -2.33% (StdDev 4.66%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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