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Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

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, NKLA 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.

NASDAQ_NKLA
Open High Low NKLA Price Change
1.800 1.820 1.650 1.665 -0.175
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 down The short-term trend has been DOWN since Nov 27th, 2024 at 1.910

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).

-100
Smart Scan Analysis for NKLA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.800 1.820 1.650 1.665 -0.175
Prev. Close Volume Bid Ask Time
1.840 11003206 2024-12-03 14:51:17
52wk High34.552wk High Date2024-04-01
52wk Low1.8152wk Low Date2024-12-02
Average Volume7,109,025Shares Outstanding60,867
Assets103,604,300MLiabilities656,797,000M
P/E Ratio-0.31870000
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