Nikola Corporation (NKLA) has gained Wednesday morning, with the stock gaining 3.36% in pre-market trading to 10.76. NKLA's short-term technical score of 1 indicates that the stock has traded less bullishly over the last month than 99% of stocks on the market. In the Auto Manufacturers industry, which ranks 101 out of 146 industries, the stock ranks higher than 2% of stocks. Nikola Corporation has fallen 1.79% over the past month, closing at $10.59 on October 27. During this period of time, the stock fell as low as $10.41 and as high as $15.56. NKLA has an average analyst recommendation of Buy. The company has an average price target of $19.10.
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Nikola Corporation has a Long-Term Technical rank of 10. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 90% of the market scoring higher. In the Auto Manufacturers industry which is number 85 by this metric, NKLA ranks better than 13% of stocks.
Should You Buy Nikola Corporation (NKLA) Stock Wednesday Morning?
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NKLA has an Overall Score of 29. Find out what this means to you and get the rest of the rankings on NKLA!