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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
NIO Inc. American depositary shares, each representing one Class A ordinary share (NYSE:NIO)
Long-Term Downtrend (-90) - NIO is in a strong downtrend that is likely to continue. While NIO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NIO
The long-term trend has been DOWN since Oct 18th, 2023 at 7.925
The intermediate-term trend has been DOWN since Jul 26th, 2024 at 4.250
The short-term trend has been DOWN since Jul 18th, 2024 at 4.530
Smart Scan Analysis for NIO
Based on our trend formula, NIO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.300 | 4.430 | 4.240 | 4.425 | +0.155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.270 | 30838266 | 2024-07-26 15:59:51 |
| Year High | 13.8 | Year High Date | 2018-09-14 |
| Year Low | 5.35 | Year Low Date | 2018-09-12 |
| 52wk High | 16.18 | 52wk High Date | 2023-08-04 |
| 52wk Low | 3.61 | 52wk Low Date | 2024-04-22 |
| Average Volume | 45,158,196 | Shares Outstanding | 1,112,458 |
| Market Cap | 3,436M | Assets | 104,186,036M |
| Liabilities | 835,948,830M | P/E Ratio | -17.83550000 |
| Volatility | 72.32 |