| NKLA latest price $5.8750 (3.89%) ($5.8750 - $5.8750) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.87% (three month average) |
RSI | 80 |
Latest Price | $5.8750(3.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 2% a day on average for past five trading days. |
Weekly Trend | NKLA advances 6.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) IBUY(68%) GLD(95%) IPO(69%) ONLN(68%) QQQ(68%) |
Factors Impacting NKLA price | NKLA will decline at least -2.935% in a week (0% probabilities). UUP(-39%) TBT(-26%) USO(-7%) UNG(-3%) XLE(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 | -2.935% (StdDev 5.87%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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