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Xpeng Inc Stock Forecast NYSE:XPEV

$47.40 (2.42%)

Volume: 12M

Closed: Dec 07, 2021

Hollow Logo Score: -4.375

Xpeng Inc Stock Forecast

$47.40 (2.42%)

Volume: 12M

Closed: Dec 07, 2021

Score Hollow Logo -4.375
Which way will XPEV go? Request
Key Stats
Beta 1.31
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] RSI14 is 46 and the stock is currently not being overbought or oversold

Xpeng Inc stock price up 2.42% on Tuesday
(Updated on Dec 07, 2021)


Sell candidate since 2021-12-03 Gain 8.22%

The Xpeng Inc stock price gained 2.42% on the last trading day (Tuesday, 7th Dec 2021), rising from $46.28 to $47.40. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 5.00% from a day low at $46.06 to a day high of $48.37. The price has risen in 6 of the last 10 days and is up by 0.02% over the past 2 weeks. Volume fell on the last day by -8 million shares and in total, 12 million shares were bought and sold for approximately $572.81 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 41.07% during the next 3 months and, with a 90% probability hold a price between $62.52 and $79.42 at the end of this 3-month period.

Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Xpeng Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $49.04 and $47.42. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, November 30, 2021, and so far it has fallen -13.82%. 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).

Support, Risk & Stop-loss

Xpeng Inc finds support from accumulated volume at $46.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.31 between high and low, or 5.00%. For the last week, the stock has had a daily average volatility of 12.44%.

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

Is Xpeng Inc stock A Buy?

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

Current score: -4.375

Predicted Opening Price for Xpeng Inc of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$47.28 $47.40 (Overvalued)
Sell Candidate Unchanged

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Analyst Ratings

On Nov 24, 2021 "Citigroup" gave "$87.00 - $92.00" rating for XPEV. The price target was set to $53.32+3.9%.

Volatility and Risk
Daily Average Volatility: 12.44 %
Overall Risk: Very High High Medium Low Very Low
Volatility
12.44 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $48.09
Price: $47.40
Support: $46.28

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 49.58 4.60 %
48.70 2.74 %
48.16 1.59 %
Current price: 47.40
Support 46.39 -2.12 %
45.85 -3.27 %
44.97 -5.13 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 54.37 14.70 %
51.30 8.23 %
48.09 1.46 %
Current price 47.40
Support 46.28 -2.36%
45.34 -4.35%
43.80 -7.59%

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