Technical Analysis for NKLA - Nikola Corporation

Grade Last Price % Change Price Change
F 3.11 -0.32% -0.01
NKLA closed down 2.8 percent on Wednesday, November 6, 2024, on 1.27 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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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
New 52 Week Closing Low Bearish -0.32%
Stochastic Buy Signal Bullish -0.32%
Calm After Storm Range Contraction -0.32%
Doji - Bullish? Reversal -0.32%
Lower Bollinger Band Walk Weakness -0.32%
New 52 Week Low Weakness -0.32%
Wide Bands Range Expansion -0.32%
Down 3 Days in a Row Weakness -0.32%
Down 4 Days in a Row Weakness -0.32%
Down 5 Days in a Row Weakness -0.32%

   Recent Intraday Alerts

Alert Time
Down 1% about 5 hours ago
Lower Bollinger Band Support about 6 hours ago
60 Minute Opening Range Breakdown about 6 hours ago
2x Volume Pace about 6 hours ago
1.5x Volume Pace about 6 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: 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 34.8
52 Week Low 2.91
Average Volume 3,789,827
200-Day Moving Average 13.50
50-Day Moving Average 4.74
20-Day Moving Average 4.06
10-Day Moving Average 3.99
Average True Range 0.40
RSI (14) 33.77
ADX 16.82
+DI 22.72
-DI 33.97
Chandelier Exit (Long, 3 ATRs) 4.33
Chandelier Exit (Short, 3 ATRs) 4.12
Upper Bollinger Bands 5.01
Lower Bollinger Band 3.10
Percent B (%b) 0.01
BandWidth 46.98
MACD Line -0.40
MACD Signal Line -0.33
MACD Histogram -0.0711
Fundamentals Value
Market Cap 3.61 Billion
Num Shares 1.16 Billion
EPS -1.61
Price-to-Earnings (P/E) Ratio -1.94
Price-to-Sales 27.73
Price-to-Book 1.38
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.63
Resistance 3 (R3) 3.62 3.43 3.55
Resistance 2 (R2) 3.43 3.30 3.44 3.52
Resistance 1 (R1) 3.28 3.22 3.36 3.29 3.49
Pivot Point 3.09 3.09 3.13 3.10 3.09
Support 1 (S1) 2.94 2.96 3.02 2.95 2.75
Support 2 (S2) 2.75 2.88 2.76 2.72
Support 3 (S3) 2.60 2.75 2.70
Support 4 (S4) 2.61