Stock Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Nikola Corporation (NASDAQ:NKLA)
Strong Downtrend (-100) - NKLA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for NKLA
The long-term trend has been DOWN since Jul 24th, 2020 at 32.75
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 20.22
The short-term trend has been DOWN since Apr 5th, 2021 at 13.23
Smart Scan Analysis for NKLA
Based on our trend formula, NKLA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||93.99||52wk High Date||2020-06-09|
|52wk Low||11.32||52wk Low Date||2020-04-21|
|Average Volume||12,509,139||Shares Outstanding||391,946|