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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Nikola Corporation (NASDAQ:NKLA)

Weak Downtrend (-65) - NKLA is showing signs of a strengthening downtrend. Monitor NKLA as it may be building momentum to the downside.

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
0.619800 0.619800 0.600000 0.600101 -0.019899
Entry Signal

MarketClub’s Trade Triangles for NKLA

long term up The long-term trend has been UP since Mar 28th, 2024 at 1.05

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.66

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.96

Smart Scan Analysis for NKLA

Based on our trend formula, NKLA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NKLA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.619800 0.619800 0.600000 0.600101 -0.019899
Prev. Close Volume Bid Ask Time
0.600000 51896551 2024-04-25 15:59:59
52wk High3.7152wk High Date2023-08-03
52wk Low0.52152wk Low Date2023-06-06
Average Volume117,802,328Shares Outstanding1,335,615
Assets127,485,700MLiabilities555,683,000M
P/E Ratio-1.60540000
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