| NKLA latest price $34.1900 (1.06%) ($32.7700 - $34.2800) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.5% (three month average) |
RSI | 47 |
Latest Price | $34.1900(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.2% a day on average for past five trading days. |
Weekly Trend | NKLA declines -7.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) IBUY(51%) ACES(50%) IWC(48%) ONLN(48%) ARKK(47%) |
Factors Impacting NKLA price | NKLA will decline at least -5.25% in a week (0% probabilities). VXX(-20%) VIXM(-20%) UUP(-15%) UNG(-5%) TLT(-4%) |
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 | -5.25% (StdDev 10.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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