Stock Trend Analysis Report
Prepared for you on Tuesday, July 27, 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.
MarketClub’s Trade Triangles for NKLA
The long-term trend has been UP since Jun 3rd, 2021 at 18.96
The intermediate-term trend has been DOWN since Jul 7th, 2021 at 15.42
The short-term trend has been UP since Jul 21st, 2021 at 14.46
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).
|52wk High||54.56||52wk High Date||2020-09-08|
|52wk Low||9.37||52wk Low Date||2021-04-21|
|Average Volume||8,891,642||Shares Outstanding||393,848|