Technical Analysis for NKLA - Nikola Corporation

Grade Last Price % Change Price Change
F 0.58 0.05% 0.00
NKLA closed down 3.95 percent on Wednesday, May 8, 2024, on 88 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.03%
Narrow Range Bar Range Contraction 0.03%
Earnings Movers Other 0.03%
Down 3 Days in a Row Weakness 0.03%
Lower Bollinger Band Touch Weakness 0.03%
Doji - Bullish? Reversal -3.91%
Earnings Movers Other -3.91%
Wide Bands Range Expansion -3.91%
Gapped Down Weakness -3.91%
20 DMA Resistance Bearish -9.12%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 1 hour ago
Rose Above Upper Bollinger Band about 1 hour ago
Up 2% about 1 hour ago
1.5x Volume Pace about 2 hours ago
Fell Below Lower Bollinger Band about 2 hours ago

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Profile

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona.
Classification

Sector: Industrials
Industry: Conglomerates
Keywords: Emerging Technologies Electric Vehicle Energy Storage Hydrogen Sustainable Technologies Sustainable Transport Storage Systems Sustainable Development Hydrogen Economy Hydrogen Vehicle Transportation Industry Drivetrain Energy Storage Systems

Is NKLA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.71
52 Week Low 0.521
Average Volume 97,715,496
200-Day Moving Average 1.05
50-Day Moving Average 0.72
20-Day Moving Average 0.64
10-Day Moving Average 0.62
Average True Range 0.06
RSI (14) 37.50
ADX 15.7
+DI 20.84
-DI 25.97
Chandelier Exit (Long, 3 ATRs) 0.84
Chandelier Exit (Short, 3 ATRs) 0.75
Upper Bollinger Bands 0.70
Lower Bollinger Band 0.57
Percent B (%b) 0.04
BandWidth 20.25
MACD Line -0.04
MACD Signal Line -0.04
MACD Histogram -0.0029
Fundamentals Value
Market Cap 670.38 Million
Num Shares 1.16 Billion
EPS -1.61
Price-to-Earnings (P/E) Ratio -0.36
Price-to-Sales 27.73
Price-to-Book 1.38
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.62
Resistance 3 (R3) 0.62 0.61 0.61
Resistance 2 (R2) 0.61 0.60 0.61 0.61
Resistance 1 (R1) 0.59 0.59 0.59 0.59 0.61
Pivot Point 0.58 0.58 0.58 0.58 0.58
Support 1 (S1) 0.57 0.57 0.56 0.57 0.55
Support 2 (S2) 0.56 0.57 0.56 0.55
Support 3 (S3) 0.54 0.56 0.55
Support 4 (S4) 0.54