| NKLA latest price $10.4300 (-3.11%) ($10.4300 - $10.4300) on Wed. Jan. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.58% (three month average) |
RSI | 60 |
Latest Price | $10.4300(-3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.1% a day on average for past five trading days. |
Weekly Trend | NKLA advances 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(73%) ARKK(73%) IBUY(73%) IPO(73%) ONLN(70%) |
Factors Impacting NKLA price | NKLA will decline at least -2.79% in a week (0% probabilities). VIXM(-51%) VXX(-42%) UUP(-24%) UNG(-4%) USO(-3%) |
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 | -2.79% (StdDev 5.58%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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