| NKLA latest price $10.1000 (-0.88%) ($10.1000 - $10.1000) on Fri. Aug. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.21% (three month average) |
RSI | 41 |
Latest Price | $10.1000(-0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.5% a day on average for past five trading days. |
Weekly Trend | NKLA declines -0.2% 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) ARKK(68%) ACES(67%) IBUY(67%) IPO(66%) ONLN(65%) |
Factors Impacting NKLA price | NKLA will decline at least -2.605% in a week (0% probabilities). VIXM(-41%) VXX(-35%) UUP(-18%) IGOV(-6%) UNG(-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 | -2.605% (StdDev 5.21%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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