| NKLA latest price $53.9500 (-0.53%) ($53.0000 - $57.0000) on Mon. Jul. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 16.25% (three month average) |
RSI | 43 |
Latest Price | $53.9500(-0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 2% a day on average for past five trading days. |
Weekly Trend | NKLA declines -14.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ACES(44%) IBUY(43%) IWC(43%) XRT(41%) ARKK(40%) |
Factors Impacting NKLA price | NKLA will decline at least -8.125% in a week (0% probabilities). VXX(-19%) VIXM(-18%) UUP(-11%) UNG(-5%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -8.125% (StdDev 16.25%) |
Hourly BBV | 0 () |
Intraday Trend | -5% |
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