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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Nikola Corporation (NASDAQ:NKLA)

Countertrend Down (-85) - NKLA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
1.1400 1.1550 1.0900 1.1143 -0.0357
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 Nov 4th, 2024 at 3.720

short term up The short-term trend has been UP since Dec 12th, 2024 at 1.640

Smart Scan Analysis for NKLA

Based on our trend formula, NKLA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NKLA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1400 1.1550 1.0900 1.1143 -0.0357
Prev. Close Volume Bid Ask Time
1.1500 11999505 2024-12-26 14:44:18
52wk High34.552wk High Date2024-04-01
52wk Low1.1252wk Low Date2024-12-24
Average Volume10,520,977Shares Outstanding60,867
Assets103,604,300MLiabilities656,797,000M
P/E Ratio-0.31870000
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