| NKLA latest price $5.9650 (-0.83%) ($5.9650 - $5.9650) on Mon. Aug. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 35 |
Latest Price | $5.9650(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.5% a day on average for past five trading days. |
Weekly Trend | NKLA declines -6.4% 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) VUG(98%) XLE(96%) EWG(95%) EWJ(95%) IVW(95%) |
Factors Impacting NKLA price | NKLA will decline at least -2.575% in a week (0% probabilities). UUP(-64%) TBT(-16%) USO(27%) TIP(30%) BNDX(30%) |
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 | -2.575% (StdDev 5.15%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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