| NKLA latest price $5.8900 (-6.58%) ($5.8900 - $5.8900) on Fri. Jul. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.97% (three month average) |
RSI | 75 |
Latest Price | $5.8900(-6.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.7% a day on average for past five trading days. |
Weekly Trend | NKLA advances 6.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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) IPO(69%) QQQ(69%) IBUY(67%) ONLN(67%) SMH(66%) |
Factors Impacting NKLA price | NKLA will decline at least -2.985% in a week (0% probabilities). UUP(-36%) TBT(-31%) EDOC(-13%) USO(-6%) XLE(2%) |
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 | -2.985% (StdDev 5.97%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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