AI NKLA Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: NKLA may rebound as it capitalizes on its strategic shift towards hydrogen fuel cell trucks. High implied volatility suggests traders expect significant price movements, potentially indicating investor optimism around upcoming contracts and deliveries.


Bearish Case: Persistent financial struggles and high competition might hinder NKLA's recovery. Current implied volatility peaks indicate market skepticism, suggesting potential volatility in stock prices and risk of further declines due to negative earnings news.


Potential Outcomes:

1. Successful truck deployments and sales increase (35%).

2. Financial instability leads to company restructuring (40%).

3. Market conditions improve boosting NKLA by 25% (25%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


September 21, 2024










Correlated Assets

Assets that tend to move strongly with NKLA



RIVN Forecast + Options Trading Strategies   RIVN  Rivian Automotive (0.88)


CHTR Forecast + Options Trading Strategies   CHTR  Charter Communications (0.88)


FWRD Forecast + Options Trading Strategies   FWRD  Forward Air (0.86)


HUM Forecast + Options Trading Strategies   HUM  Humana (0.85)


AEHR Forecast + Options Trading Strategies   AEHR  Aehr Test Systems (0.85)



Uncorrelated Assets

Assets with little price relationship to NKLA



CTSH Forecast + Options Trading Strategies   CTSH  Cognizant Technology (-0.0)


DK Forecast + Options Trading Strategies   DK  Delek US (0.0)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.01)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (0.01)


CELH Forecast + Options Trading Strategies   CELH  Celsius (0.01)



Anticorrelated Assets

Assets that tend to move strongly against NKLA



FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (-0.88)


GOGL Forecast + Options Trading Strategies   GOGL  Golden Ocean (-0.89)


CHD Forecast + Options Trading Strategies   CHD  Church & Dwight Co. (-0.91)


LEVI Forecast + Options Trading Strategies   LEVI  Levi Strauss (-0.92)


APH Forecast + Options Trading Strategies   APH  Amphenol (-0.93)





Become a more profitable investor with AI optimized trading strategies






×

Chat with NKLA


 Ask any question about NKLA!