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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NIO
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Stock Analysis
Risk Assessment
Trading Strategy

Red day on Friday for NIO
(Updated on Jun 14, 2024)

Sell candidate since Jun 06, 2024 Loss -11.81% PDF

The NIO stock price fell by -1.81% on the last day (Friday, 14th Jun 2024) from $4.41 to $4.33. It has now fallen 7 days in a row. During the last trading day the stock fluctuated 2.10% from a day low at $4.29 to a day high of $4.38. The price has fallen in 9 of the last 10 days and is down by -19.67% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 23 million shares were bought and sold for approximately $100.29 million.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4.03 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 6.76% during the next 3 months and, with a 90% probability hold a price between $4.30 and $6.32 at the end of this 3-month period.

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NIO Signals & Forecast

There are few to no technical positive signals at the moment. The NIO stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.59 and $5.09. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 14, 2024, and so far it has fallen -25.22%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for NIO stock

On the downside, the stock finds support just below today's level from accumulated volume at $4.11 and $4.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NIO finds support just below today's level at $4.11. If this is broken, then the next support from accumulated volume will be at $4.00 and $3.89.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0900 between high and low, or 2.10%. For the last week, the stock has had daily average volatility of 5.68%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NIO) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect NIO Inc. to open at $4.33, and during the day (based on 14 day Average True Range), to move between $4.03 and $4.63, which gives a possible trading interval of +/-$0.297 (+/-6.86%) up or down from last closing price. If NIO Inc. takes out the full calculated possible swing range there will be an estimated 13.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.11 (5.08%) than the resistance at $4.91 (13.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NIO Inc. stock A Buy?

The NIO stock holds several negative signals and despite the positive trend, we believe NIO will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.238 Sell Candidate Unchanged

Predicted Opening Price for NIO Inc. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$4.33 ( 0.0770%) $4.33

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NIO

Fibonacci Support & Resistance Levels

Level Price
R3 4.42 2.16%
R2 4.39 1.36%
R1 4.37 0.87%
Price 4.33
S1 4.30 -0.717%
S2 4.28 -1.21%
S3 4.24 -2.00%

Accumulated Volume Support & Resistance Levels

Level Price
R3 5.33 23.09%
R2 5.27 21.71%
R1 4.91 13.39%
Price 4.33
S1 4.11 -5.08%
S2 4.00 -7.62%
S3 3.89 -10.16%


What is the symbol for NIO Stock and on which exchange is it traded?
The symbol for NIO is NIO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell NIO Stock?
The NIO stock holds several negative signals and despite the positive trend, we believe NIO will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy NIO Stock?
NIO Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NIO Stock.

What's the current price of NIO Stock?
As of the end of day on the Jun 14, 2024, the price of an NIO (NIO) share was $4.33.

What is the 52-week high and low for NIO Stock?
The 52-week high for NIO Stock is $16.18 and the 52-week low is $3.61.

What is the market capitalization of NIO Stock?
As of the Jun 14, 2024, the market capitalization of NIO is 8.288B.

When is the next earnings date for NIO?
The upcoming earnings date for NIO is Sep 03, 2024.
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About NIO Inc.

NIO NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. The company is also involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, it offers power s... NIO Profile

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