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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Nikola Corporation (NASDAQ:NKLA)

Sidelines Mode (-55) - NKLA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

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Open High Low NKLA Price Change
11.380 11.390 11.005 11.105 -0.375
Entry Signal

MarketClub’s Trade Triangles for NKLA

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 9.9100

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2021 at 11.4547

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 11.0200

Smart Scan Analysis for NKLA

Based on our trend formula, NKLA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for NKLA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.380 11.390 11.005 11.105 -0.375
Prev. Close Volume Bid Ask Time
11.480 6370617 2021-10-20 15:25:12
52wk High37.9552wk High Date2020-11-24
52wk Low9.0252wk Low Date2021-08-16
Average Volume8,358,691Shares Outstanding398,254
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