| NKLA latest price $8.0950 (-4.2%) ($8.0950 - $8.0950) on Thu. Feb. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.07% (three month average) |
RSI | 59 |
Latest Price | $8.0950(-4.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.5% a day on average for past five trading days. |
Weekly Trend | NKLA advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(74%) IBUY(73%) IPO(73%) ACES(72%) ONLN(70%) |
Factors Impacting NKLA price | NKLA will decline at least -2.535% in a week (0% probabilities). VIXM(-47%) VXX(-38%) UUP(-24%) USO(-5%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.535% (StdDev 5.07%) |
Hourly BBV | -2.5 () |
Intraday Trend | 0% |
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