Stock Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
NIO, Inc (NYSE:NIO)
Sidelines Mode (+55) - NIO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Mar 4th, 2021 at 38.43
The intermediate-term trend has been UP since Jun 1st, 2021 at 39.76
The short-term trend has been DOWN since Jun 22nd, 2021 at 44.86
Smart Scan Analysis for NIO
Based on our trend formula, NIO is rated as a +55 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||66.99||52wk High Date||2021-01-11|
|52wk Low||6.5||52wk Low Date||2020-06-24|
|Average Volume||59,664,472||Shares Outstanding||1,112,458|