Maximize Your NIO Investments with Deep Trend Analysis: Swing Trader Reveals 13.43%
Swing Trader: Deep Trend Analysis (TA) Generates 13.43% for NIO
Swing trading, a popular trading strategy that aims to capture short-term price movements, has yielded impressive results for investors in NIO, a leading electric vehicle manufacturer. By employing deep trend analysis, swing traders have been able to generate a substantial return of 13.43% for NIO.
One key tool used in deep trend analysis is the Aroon Indicator, which provides insights into the strength and direction of a trend. Today, the Aroon Indicator for NIO has entered an uptrend, signaling a potential bullish movement in the stock's price.
Historical data reveals that in 184 out of 216 instances where NIO's Aroon Indicator entered an uptrend, the price continued to rise further within the following month. This indicates a success rate of approximately 85% for swing traders who capitalize on such signals.
With the Aroon Indicator currently suggesting an uptrend, swing traders are likely to take note and consider opening long positions in NIO. By leveraging the historical odds of a continued uptrend, they aim to profit from the anticipated price appreciation in the coming weeks.
It's important to note that deep trend analysis and swing trading strategies, while potentially profitable, carry inherent risks. Market conditions, unexpected events, and individual stock performance can impact trading outcomes. Therefore, investors should exercise caution and conduct thorough research before making any investment decisions.
NIO's recent uptrend, as indicated by the Aroon Indicator, presents an opportunity for swing traders to capitalize on short-term price movements. By leveraging deep trend analysis and historical success rates, these traders aim to generate a solid return on their investments.
NIO in +5.95% Uptrend, advancing for three consecutive days on September 28, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NIO advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NIO's RSI Indicator exited the oversold zone, of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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.
NIO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NIO as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NIO turned negative on September 19, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for NIO crossed bearishly below the 50-day moving average on August 25, 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 NIO 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 NIO entered a downward trend on September 22, 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.
Fundamental Analysis (Ratings)
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 (7.610) is normal, around the industry mean (6.744). P/E Ratio (0.000) is within average values for comparable stocks, (20.494). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.659). NIO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (2.100) is also within normal values, averaging (51.847).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NIO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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. NIO’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.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of electric cars
Industry MotorVehicles
NIO and
Correlation & Price change
A.I.dvisor indicates that over the last year, NIO has been closely correlated with XPEV. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if NIO jumps, then XPEV could also see price increases.
| Ticker / NAME | Correlation To NIO | 1D Price Change % | ||
|---|---|---|---|---|
| NIO | 100% | +5.32% | ||
| XPEV - NIO | 79% Closely correlated | +3.18% | ||
| LI - NIO | 67% Closely correlated | -1.23% | ||
| NIU - NIO | 61% Loosely correlated | +2.88% | ||
| RIVN - NIO | 54% Loosely correlated | +0.13% | ||
| LCID - NIO | 50% Loosely correlated | +1.28% | ||
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