NIO INC - ADR (NIO)

US62914V1061 - ADR

4.0512  +0.14 (+3.61%)

Technical Rating and Analysis

0

Taking everything into account, NIO scores 0 out of 10 in our technical rating. NIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NIO is a bad performer in the overall market: 94% of all stocks are doing better.
NIO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NIO is lagging the market.
In the last month NIO has a been trading in the 3.71 - 5.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NIO has an average volume of 53188600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NIO is an average performer in the Automobiles industry, it outperforms 44% of 39 stocks in the same industry.
Weekly and Daily overview Charts
NIO Weekly chart
NIO Daily chart
Setup Rating and Analysis

3

The technical rating of NIO is bad and it also does not present a 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.

Support and Resistance Analysis

3.86

6.20

We found 1 important support area.

  • A support zone ranging from 3.90 to 3.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 4.24 to 4.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 4.51 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @4.95 from a trend line in the weekly time frame.
  • Resistance @6.14 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.27
Mansfield-5.62
10 Day High4.79
10 Day Low3.71
20 Day High5.14
20 Day Low3.71
52 Week High16.18
52 Week Low3.71
Performance
1 Week-14.81%
2 Weeks-12.92%
1 Month-24.66%
3 Month-35.48%
6 Month-48.42%
12 Month-53.06%
2 Year-76.59%
3 Year-90.19%
5 Year-19.38%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)29.58
LBB3.78
UBB4.92
NIO Daily chart

NIO INC - ADR

NYSE:NIO (4/18/2024, 10:13:10 AM)

4.0512

+0.14 (+3.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg3.61%
1 Week-14.81%
2 Weeks-12.92%
1 Month-24.66%
3 Month-35.48%
6 Month-48.42%
12 Month-53.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%5.89%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.79
10 Day Low3.71
20 Day High5.14
20 Day Low3.71
52 Week High16.18
52 Week Low3.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.87M
Volume Incr1.74%
Vol(5)53.12M
Vol(50)53.19M