Investing in stock markets is often a game of strategies, and with the right tools, it can become a profitable endeavor. One such tool is Technical Analysis (TA). The recent performance of XPEV shares, according to TA, has seen significant potential for investors, especially swing traders, yielding a noteworthy 21.86% return.
An essential aspect of TA is the Momentum Indicator, and in the case of XPEV, it moved above its previous point in 2023. This movement is a promising signal to investors, as it suggests they might want to consider a long position or call options on XPEV. Historical performance affirms this suggestion, with the stock continuing to climb in 37 out of 47 past instances where the momentum indicator moved - that's a compelling 79% chance of an upward trend.
Furthermore, the Moving Average Convergence Divergence (MACD) for XPEV turned positive on June 8, 2023. Historically, the stock continued to rise in 21 out of 25 cases over the following month when XPEV's MACD turned positive. This positive turn contributes to an impressive 84% chance of an ongoing upward trend.
Another technical analysis tool, the Moving Average, also signified an upward trend for XPEV. The stock moved above its 50-day moving average on June 12, 2023, representing a change from a downward trend to an upward one.
In a bullish sign for investors, the 10-day moving average for XPEV crossed bullishly above the 50-day moving average on June 16, 2023. This cross is a common 'buy' signal in TA, and in 10 out of 12 past instances when this occurred, the stock continued to ascend over the following month, indicating an 83% chance of a persistent upward trend.
The price of XPEV is also forecasted to grow further following a +7.07% 3-day advance. Historically, in 123 out of 150 cases where XPEV advanced for three consecutive days, the price escalated further within the following month, creating a probability of 82% for a continued upward trend.
Lastly, the Aroon Indicator, another vital tool in TA, entered an uptrend recently. In 71 out of 88 cases where XPEV's Aroon Indicator switched to an uptrend, the price elevated further within the following month. This results in an 81% chance of an ongoing uptrend.
The technical indicators for XPEV point to a high potential for further gains in the stock. Swing traders, and investors alike, could find this a valuable opportunity to maximize their investment returns. The combination of several positive indicators suggests a highly probable upward momentum, making XPEV a strong candidate for investment consideration.
XPEV saw its Momentum Indicator move below the 0 level on September 18, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator turned negative. In of the 48 cases, the stock moved further down in the following days. The odds of a decline are at .
The Moving Average Convergence Divergence Histogram (MACD) for XPEV turned negative on September 13, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 30 similar instances when the indicator turned negative. In of the 30 cases the stock turned lower in the days that followed. This puts the odds of success at .
XPEV moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for XPEV crossed bearishly below the 50-day moving average on September 26, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XPEV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for XPEV entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XPEV advanced for three days, in of 167 cases, the price rose further within the following month. The odds of a continued upward trend are .
XPEV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. XPEV’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.231) is normal, around the industry mean (6.710). P/E Ratio (0.000) is within average values for comparable stocks, (20.510). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.666). XPEV has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (4.978) is also within normal values, averaging (49.647).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. XPEV’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a designer, developer, and manufacturer smart electric vehicles
A.I.dvisor indicates that over the last year, XPEV has been closely correlated with NIO. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if XPEV jumps, then NIO could also see price increases.