Stock Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
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.
MarketClub’s Trade Triangles for NIO
The long-term trend has been DOWN since Sep 20th, 2021 at 36.24
The intermediate-term trend has been DOWN since Nov 18th, 2021 at 38.11
The short-term trend has been DOWN since Jan 18th, 2022 at 30.08
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).
|Year High||13.8||Year High Date||2018-09-14|
|Year Low||5.35||Year Low Date||2018-09-12|
|52wk High||64.6||52wk High Date||2021-02-10|
|52wk Low||27.22||52wk Low Date||2022-01-21|
|Average Volume||49,279,664||Shares Outstanding||1,112,458|