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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.

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
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).

-55
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
Assets965,199,000MLiabilities107,185,000M
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