| NKLA latest price $17.1400 (7.19%) ($17.1400 - $17.1700) on Thu. Mar. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.59% (three month average) |
RSI | 33 |
Latest Price | $17.1400(7.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.4% a day on average for past five trading days. |
Weekly Trend | NKLA declines -12.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(62%) ACES(61%) IBUY(61%) IPO(61%) ARKG(58%) |
Factors Impacting NKLA price | NKLA will decline at least -3.295% in a week (0% probabilities). VIXM(-29%) VXX(-27%) UUP(-15%) XLU(-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 | -3.295% (StdDev 6.59%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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