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's sales growth has slowed as early adopters have already gone electric in the Chinese market.
A guidance cut has the stock reeling -- but there might be a silver lining in the news.
SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today provided an updated delivery outlook for the first quarter of 2024. Based on the most recent business update, the Company expects to deliver approximately 30,000 vehicles in the first quarter of 2024, revised from the previous outlook of 31,000 to 33,000 vehicles. About NIO Inc. NIO Inc. is a p
Nio had a solid 2023. But so far 2024 isn't going as well, and Wall Street is taking note.
EV makers Tesla (TSLA), Rivian (RIVN), and NIO (NIO) have all received a downgrade from Mizuho Securities to Neutral citing near-term demand and challenges with liquidity going into next year. Shares of Lucid (LCID) are jumping Monday morning after the EV maker announced a $1 billion investment from its majority stockholder, Ayar Third Investment Company, to buy newly created convertible preferred stocks. Novo Nordisk (NVO) is set to acquire Cardior Pharmaceuticals, a company that develops RNA-...
Li Auto (LI) now expects its first-quarter 2024 vehicle delivery in the range of 76,000-78,000 units, down from the previous guidance of 100,000-103,000 units.
The electric vehicle industry is diligently working to find the right balance of supply and demand.
Which of these speculative EV plays has a brighter future?
Should investors own Nio ahead of a major new catalyst coming before the end of this year?
The electric vehicle (EV) market slump continues to overwhelm EV producers worldwide. Nio (NYSE:NIO) stock is one of the up-and-coming China-based EV startups that has been gravely affected by weaker demand in the burgeoning car market. Nio’s share price has fallen nearly 33% on a year-to-date perspective. As the company continues to falter, investors who are still holding the stock should really reconsider their judgement. Below are three reasons why I believe NIO stock is still a strong sell.