Summary:
- RSI is at a high level of 70. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 1.3. MACD crossing signal line is bullish signal.
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.
Stock news
Bloomberg New Energy Finance estimates that EV sales will reach 5.4 million in 2023 and account for 7 percent of global vehicle sales. President-elect Joe Biden's goal of achieving a U.S. 100 percent clean-energy economy should also help the electric vehicle thrive this year and beyond.Although the year just started, EV stocks are on fire. Some prominent EV players such as Nio Inc (NYSE: NIO), Tesla Inc (NASDAQ: TSLA), and Niu Technologies (NASDAQ: NIU) have already gained more than 20% year-to...
Shares of Chinese electric-scooter maker Niu Technologies (NASDAQ: NIU) had a great year in 2020, rising more than 200%. Last week, Niu provided a business update and reported fourth-quarter sales of its smart scooters grew 41% compared to the prior-year period. While the Chinese market still dominates its sales volume, the company reported that international sales almost tripled in the fourth quarter.
While shares of Niu Technologies (NASDAQ: NIU) kept pace with the 7.9% rise of the S&P 500 in 2019 and climbed 7.6%, the stock of the Chinese manufacturer of electric scooters moved into the fast lane in 2020, ripping 229% higher, according to data from S&P Global Market Intelligence. What drove investors to hop along for a ride? Pumping the brakes early in 2020, investors avoided Niu's stock amid the uncertainty wrought by the global pandemic, particularly related to the restrictions that the...
BEIJING, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provides its e-scooter sales volume results for the fourth quarter 2020. Q4 2020 Q4 2019 Year 2020 Year 2019 China Market137,586 101,918 572,154 392,459 International Markets12,119 4,335 28,738 28,867 Total149,705 106,253 600,892 421,326 In the fourth quarter of 2020, NIU sold 149,705 e-scooters, representing a 40.9% ...
Niu Technologies ( NASDAQ:NIU ), might not be a large cap stock, but it saw a significant share price rise of over 20...
It’s undoubted, we’re in an upward market cycle. The S&P is up ~5% in the last 30 days, and the NASDAQ has gained 6%. Good news has buoyed investors’ spirits – news of upcoming COVID vaccine and the resolution of the November elections.But those are in the past, and the markets are forward-looking. These gains must be supported by near-term prospects. What we have in the immediate offing is starting to grow clearer. The Biden Administration will be sworn into the office in January, combined with...
Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks aren’t doing […]
SHENZHEN, China, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with Niu Technologies (NASDAQ: NIU) (“NIU”), the world’s leading provider of smart urban mobility solutions, to help Niu Technologies improve operational and service efficiency in order to deliver an optimal user experience for their customers. Founded in 20...