Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, October 7, 2024.
NIO Inc. American depositary shares, each representing one Class A ordinary share (NYSE:NIO)
Countertrend Up (+85) - NIO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Sep 11th, 2024 at 5.63
The intermediate-term trend has been UP since Aug 30th, 2024 at 4.17
The short-term trend has been DOWN since Oct 4th, 2024 at 6.44
Smart Scan Analysis for NIO
Based on our trend formula, NIO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.720 | 6.800 | 6.400 | 6.775 | +0.075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.770 | 89269459 | 2024-10-04 15:59:24 |
| Year High | 13.8 | Year High Date | 2018-09-14 |
| Year Low | 5.35 | Year Low Date | 2018-09-12 |
| 52wk High | 9.57 | 52wk High Date | 2023-12-28 |
| 52wk Low | 3.61 | 52wk Low Date | 2024-04-22 |
| Average Volume | 96,679,056 | Shares Outstanding | 1,112,458 |
| Market Cap | 3,436M | Assets | 100,515,815M |
| Liabilities | 844,411,630M | P/E Ratio | -17.83550000 |
| Volatility | 72.32 |