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Stock Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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.

NYSE_NIO
Open High Low NIO Price Change
8.090 9.060 8.065 8.745 +0.485
Entry Signal

MarketClub’s Trade Triangles for NIO

long term down The long-term trend has been DOWN since Sep 29th, 2022 at 15.84

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2023 at 10.62

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 8.07

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).

-90
Smart Scan Analysis for NIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.090 9.060 8.065 8.745 +0.485
Prev. Close Volume Bid Ask Time
8.260 54418097 2023-03-20 15:59:44
Year High13.8Year High Date2018-09-14
Year Low5.35Year Low Date2018-09-12
52wk High24.4352wk High Date2022-06-27
52wk Low8.0352wk Low Date2023-03-13
Average Volume46,321,006Shares Outstanding1,112,458
Market Cap3,436MAssets968,772,150M
Liabilities642,589,290MP/E Ratio-17.83550000
Volatility72.32
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