Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Nikola Corporation (NASDAQ:NKLA)

Bear Market Rally (-75) - NKLA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NKLA as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NKLA?

MarketClub looks at technical strength and momentum to determine if the timing is right for NKLA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NKLA
Open High Low NKLA Price Change
9.4600 9.7000 9.1200 9.3357 -0.0443
Entry Signal

MarketClub’s Trade Triangles for NKLA

long term down The long-term trend has been DOWN since Apr 26th, 2024 at 0.582

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.660

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 9.270

Smart Scan Analysis for NKLA

Based on our trend formula, NKLA is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NKLA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.4600 9.7000 9.1200 9.3357 -0.0443
Prev. Close Volume Bid Ask Time
9.3800 1750679 2024-07-26 15:59:52
52wk High111.352wk High Date2023-08-03
52wk Low7.2552wk Low Date2024-07-02
Average Volume5,007,225Shares Outstanding45,218
Assets115,215,300MLiabilities565,878,000M
P/E Ratio-0.31870000
Get a free daily analysis and signals for Nikola Corporation (NKLA) - Request Your Free Report.