Technical Analysis for NKLA - Nikola Corporation

Grade Last Price % Change Price Change
F 2.02 -0.49% -0.01
NKLA closed down 0.49 percent on Friday, November 22, 2024, on 1.16 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Bullish Engulfing Bullish -0.49%
Stochastic Buy Signal Bullish -0.49%
Calm After Storm Range Contraction -0.49%
New 52 Week Low Weakness -0.49%

   Recent Intraday Alerts

Alert Time
Possible NR7 2 days ago
Down 3% 2 days ago
Down 2 % 2 days ago
Down 1% 2 days ago
Rose Above Previous Day's High 2 days 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: Electric Vehicle Emerging Technologies Energy Storage Hydrogen Sustainable Technologies Sustainable Transport Storage Systems Sustainable Development Hydrogen Economy Transportation Industry Hydrogen Vehicle 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 34.5
52 Week Low 1.83
Average Volume 4,886,379
200-Day Moving Average 12.35
50-Day Moving Average 3.97
20-Day Moving Average 3.07
10-Day Moving Average 2.42
Average True Range 0.34
RSI (14) 27.54
ADX 25.92
+DI 15.35
-DI 38.37
Chandelier Exit (Long, 3 ATRs) 4.53
Chandelier Exit (Short, 3 ATRs) 2.84
Upper Bollinger Bands 4.88
Lower Bollinger Band 1.27
Percent B (%b) 0.21
BandWidth 117.39
MACD Line -0.64
MACD Signal Line -0.57
MACD Histogram -0.0702
Fundamentals Value
Market Cap 2.34 Billion
Num Shares 1.16 Billion
EPS -1.61
Price-to-Earnings (P/E) Ratio -1.25
Price-to-Sales 27.73
Price-to-Book 1.38
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.20
Resistance 3 (R3) 2.20 2.13 2.17
Resistance 2 (R2) 2.13 2.09 2.13 2.16
Resistance 1 (R1) 2.08 2.06 2.04 2.08 2.15
Pivot Point 2.01 2.01 2.00 2.01 2.01
Support 1 (S1) 1.96 1.97 1.93 1.96 1.89
Support 2 (S2) 1.89 1.94 1.90 1.88
Support 3 (S3) 1.84 1.89 1.87
Support 4 (S4) 1.84