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Stock Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
NIO Inc. American depositary shares, each representing one Class A ordinary share (NYSE:NIO)
Strong Downtrend (-100) - NIO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NIO continues to fall. 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.
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MarketClub’s Trade Triangles for NIO
The long-term trend has been DOWN since Sep 29th, 2022 at 15.840
The intermediate-term trend has been DOWN since May 30th, 2023 at 7.510
The short-term trend has been DOWN since May 24th, 2023 at 7.845
Smart Scan Analysis for NIO
Based on our trend formula, NIO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.4400 | 7.4500 | 7.1600 | 7.1699 | -0.2401 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.4100 | 30864203 | 2023-05-31 11:37:52 |
| Year High | 13.8 | Year High Date | 2018-09-14 |
| Year Low | 5.35 | Year Low Date | 2018-09-12 |
| 52wk High | 24.43 | 52wk High Date | 2022-06-27 |
| 52wk Low | 7.33 | 52wk Low Date | 2023-05-02 |
| Average Volume | 44,518,735 | Shares Outstanding | 1,112,458 |
| Market Cap | 3,436M | Assets | 968,772,150M |
| Liabilities | 642,589,290M | P/E Ratio | -17.83550000 |
| Volatility | 72.32 |