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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

NIO Inc. American depositary shares, each representing one Class A ordinary share (NYSE:NIO)

Weak Downtrend (-65) - NIO is showing signs of a strengthening downtrend. Monitor NIO as it may be building momentum to the downside.

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
5.130 5.130 4.710 4.795 -0.445
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 up The intermediate-term trend has been UP since May 1st, 2024 at 4.790

short term down The short-term trend has been DOWN since May 23rd, 2024 at 5.100

Smart Scan Analysis for NIO

Based on our trend formula, NIO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.130 5.130 4.710 4.795 -0.445
Prev. Close Volume Bid Ask Time
5.240 77312834 2024-05-23 15:59:57
Year High13.8Year High Date2018-09-14
Year Low5.35Year Low Date2018-09-12
52wk High16.1852wk High Date2023-08-04
52wk Low3.6152wk Low Date2024-04-22
Average Volume64,064,694Shares Outstanding1,112,458
Market Cap3,436MAssets117,383,202M
Liabilities918,369,690MP/E Ratio-17.83550000
Volatility72.32
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