NIO INC - ADR (NIO)

US62914V1061 - ADR

4.865  +0.17 (+3.51%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to NIO. 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.
81% of all other stocks performed better in the past year than NIO.
NIO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NIO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NIO is one of the better performing stocks in the Automobiles industry, it outperforms 77% of 41 stocks in the same industry.
NIO has an average volume of 72828100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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

3.76

6.43

We found 3 important support areas.

  • A support zone ranging from 4.68 to 4.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 4.42 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.80 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @5.87 from a trend line in the weekly time frame.
  • Resistance @6.37 from a trend line in the weekly 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
CRS19.32
Mansfield-2.36
10 Day High5.23
10 Day Low4.31
20 Day High6.03
20 Day Low4.31
52 Week High9.57
52 Week Low3.61
Performance
1 Week6.09%
2 Weeks-11.49%
1 Month-5.62%
3 Month15.2%
6 Month-2.69%
12 Month-36.49%
2 Year-63.22%
3 Year-87.99%
5 Year107.05%
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)-0.02
RSI(14)42.08
LBB4.25
UBB5.41
NIO Daily chart

NIO INC - ADR

NYSE:NIO (11/22/2024, 3:40:09 PM)

4.865

+0.17 (+3.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg3.51%
1 Week6.09%
2 Weeks-11.49%
1 Month-5.62%
3 Month15.2%
6 Month-2.69%
12 Month-36.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%6.73%
ATR Inc
Range Today0.32
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 High5.23
10 Day Low4.31
20 Day High6.03
20 Day Low4.31
52 Week High9.57
52 Week Low3.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume58.42M
Volume Incr16.7%
Vol(5)64.61M
Vol(50)72.83M