NIO (NIO, $4.23) entered Downtrend as Momentum indicator drops below 0 level on Mar 03, 2025

#MotorVehicles, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
NIO - NIO Inc.
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $4.23
Daily change: -$0.4 (-8.64%)
Daily volume: 80.3M
Capitalization: $9.4B
Industry: Motor Vehicles

This indicator may be signaling that NIO's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 81 similar cases where NIO's Momentum Indicator fell below the 0 level, and 74 of them led to a successful outcome. Odds of Success: 90%.