NIO INC - ADR (NIO) Technical Analysis
NYSE:NIO • US62914V1061
Current stock price
NIO Technical Rating and Analysis
Taking everything into account, NIO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NIO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NIO did better than 88% of all other stocks.
- NIO is one of the better performing stocks in the Automobiles industry, it outperforms 100% of 35 stocks in the same industry.
- NIO has an average volume of 41713700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NIO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NIO is lagging the market.
- In the last month NIO has a been trading in the 5.29 - 7.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NIO Weekly and Daily overview Charts
NIO Setup Rating and Analysis
Although NIO has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NIO Support and Resistance Analysis
4.41
We found 4 important support areas.
- A support zone ranging from 6.26 to 6.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.03 from a trend line in the daily time frame.
- Support @4.56 from a horizontal line in the daily time frame.
- Support @4.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.83 to 6.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
NIO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIO is up. |
| ChartMill Relative Strength | 88.99 | POSITIVE | NIO has a high relative strength, it outperformed 88.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.55 | NEUTRAL | The RSI value for NIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NIO has a negative trend. |
| Stochastics (14,3) | 40.72 | NEUTRAL | The Stochastics value for NIO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for NIO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for NIO suggests a weak or negative trend. |
NIO Chart- and CandleStick Pattern Analysis
NIO Technicals: Chart, Performance Metrics, Trend & Indicators
6.28
-0.2 (-3.09%)
NIO INC - ADR / NIO TA FAQ
Can you provide the ChartMill technical rating for NIO INC - ADR?
ChartMill assigns a technical rating of 10 / 10 to NIO.
What is the trend direction for NIO stock?
The current trend direction for NIO INC - ADR (NIO) is Bullish.
What is the RSI signal for NIO stock?
NIO INC - ADR (NIO) has an RSI value of 52.5516. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NIO INC - ADR?
The MACD indicator for NIO INC - ADR (NIO) has a value of -0.0374183, indicating a bearish trend.
What are the support and resistance levels for NIO INC - ADR (NIO) stock?
NIO INC - ADR (NIO) has a support level at 6.27 and a resistance level at 6.83. Check the full technical report for our detailed analysis of NIO support and resistance levels.