Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
NIO Inc. (NIO) closed at $4.27 in the latest trading session, marking a -0.7% move from the prior day.
China is expanding its stimulus program by approximately 300 billion yuan ($41.5 billion) to subsidize purchases of passenger vehicles and consumer electronics, aiming to boost stagnant retail spending. The update boosted Chinese electric vehicle stocks, including NIO Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV), and Li Auto Inc. (NASDAQ:LI). The National Development and Reform Commission and the Ministry of Finance made a joint announcement on Thursday. The funding will come from the 1 trillion yuan
As NIO stock hovers around 72% below its 52-week high, the question is should investors consider this a buying opportunity?
Chinese electric vehicle stocks, including NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV), are trading higher Monday. China, a key AI chip and electric vehicle market, faces several economic challenges, including weak growth in the second quarter and looming deflation. On Monday, the People’s Bank of China (PBOC) announced that it would cut the seven-day reverse repo rate to 1.7% from 1.8% and reduce the one-year loan prime rate (LPR) to 3.35% from 3.45%. Additionally, Ch
Key Insights Significant control over NIO by retail investors implies that the general public has more power to...
One of the most well-known Chinese EV makers in the market, Nio (NYSE:NIO) stock is a name I’ve been bullish on in the past. Indeed, we’re all aware that the EV market is going to grow, and China has led the way. One might think that this pure-play BEV maker based out of China should benefit from strong demographic growth trends. However, Nio has faced some hurdles over the past year because of the company’s exposure to the high end of the market. In Q2 2024, NIO reported 57,373 vehicles deliver
In the ever-evolving electric vehicle (EV) market, selecting standout EV stocks can be challenging. Investors looking to capitalize on this dynamic sector are faced with a myriad of choices. Each promises varying degrees of innovation and market penetration. The urgency to invest in EV stocks is underscored by several factors. Firstly, global efforts to mitigate climate change are accelerating. The shift from traditional combustion engines to electric alternatives is expanding the consumer base
Falling deliveries and lower margins hit the electric vehicle maker, but the worst could be behind it.
Given Nio’s (NASDAQ:NIO) strong, recent growth, the low valuation of NIO stock and the high potential for its upcoming electric vehicles, I view its shares as a buy for value and growth-at-a-reasonable price (GARP) investors alike. Also likely to help the China-based automaker going forward are cost reductions spurred by its increasing utilization of robotics and Wall Street’s renewed respect for EVs. Strong Growth and a Bargain Valuation Last month, Nio’s deliveries soared 98% versus the same p
The market for electric vehicles and EV stocks and is going through a transition. Consumers have become frustrated by high prices, low battery range and a lack of charging infrastructure to support them. This has lead many people away from electric vehicles and towards gas-electric hybrids over the last 18 months. However, while growth in EV sales has slowed, the market is still expanding, according to industry data. Cox Automotive reports that overall U.S. electric vehicle sales rose 11.3% year