| NKLA latest price $9.1500 (-0.33%) ($9.1500 - $9.1500) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.65% (three month average) |
RSI | 67 |
Latest Price | $9.1500(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 2.4% a day on average for past five trading days. |
Weekly Trend | NKLA advances 12.1% 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(75%) IBUY(73%) IPO(73%) ACES(71%) ONLN(71%) |
Factors Impacting NKLA price | NKLA will decline at least -2.825% in a week (0% probabilities). VIXM(-50%) VXX(-37%) UUP(-26%) TBT(-8%) UNG(-1%) |
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 | -2.825% (StdDev 5.65%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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