| NKLA latest price $5.6050 (-1.58%) ($5.6050 - $5.6050) on Wed. Jun. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.95% (three month average) |
RSI | 40 |
Latest Price | $5.6050(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 0.9% a day on average for past five trading days. |
Weekly Trend | NKLA declines -8.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) IBUY(73%) IPO(73%) ONLN(73%) ARKK(72%) IWC(71%) |
Factors Impacting NKLA price | NKLA will decline at least -2.975% in a week (0% probabilities). VIXM(-82%) VXX(-58%) TBT(-25%) UUP(-24%) USO(-19%) |
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 | -2.975% (StdDev 5.95%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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