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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 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.

NYSE_NIO
Open High Low NIO Price Change
4.640 4.730 4.450 4.685 -0.095
Entry Signal

MarketClub’s Trade Triangles for NIO

long term down The long-term trend has been DOWN since Oct 18th, 2023 at 7.925

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 4.780

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 5.880

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
4.640 4.730 4.450 4.685 -0.095
Prev. Close Volume Bid Ask Time
4.670 80124652 2024-03-27 15:58:17
Year High13.8Year High Date2018-09-14
Year Low5.35Year Low Date2018-09-12
52wk High16.1852wk High Date2023-08-04
52wk Low4.4552wk Low Date2024-03-27
Average Volume58,717,407Shares Outstanding1,112,458
Market Cap3,436MAssets102,466,280M
Liabilities867,554,430MP/E Ratio-17.83550000
Volatility72.32
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