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Niostock

Double Sided Play on NIOOn the Daily Chart of NYSE:NIO , we can see that it has been creating lower highs (starting from 11th January 2021 @66.99) and consistent lows in the 31-32.5 region. This is a macro descending triangle formation which indicates a potential bearish trend. However, on the RSI Indicator, we can see that NIO is currently at 30.03, which indicates that it is underbought . Also if we take a look at Nasdaq's Daily Chart NASDAQ:IXIC , we can notice it has been trending upwards in a parallel range and is currently at the bottom support line which indicates upwards movement for the next few weeks. If NYSE:NIO follows the trend of the entire Nasdaq NASDAQ:IXIC market then it can move upwards significantly but on the other hand there is a chance it behaves in accordance to the descending triangle pattern and plummets. If watches carefully NYSE:NIO can be played on both sides profitably, I am currently long on NYSE:NIO on a swing trade with a stop loss at 28 and a take profit of 38+ which might change based on price action.
NYSE:NIO
by Rudraksh99
Nio Analysis 12.01.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
NYSE:NIO
by basictradingtv
3
NIO Inc has a nice cup and handle setup forming on the 6HBack in mid Oct I was able to nail that reversal break. I jumped and grabbed some NIO myself at that time. For those who don't know NIO (stock) is a Chinese car manufacturer also known to be called 'The Tesla of China'. It for sure is one to watch. It would appear now on the 6H NIO has formed a nice looking cup of a cup and handle patter. I have the projection area marked as to what I would like to see from the handle part of the pattern. Trying to find a good candle confirmation to get in... but I might have to wait on Monday.. havnt decided yet.. Anyway, be sure to keep an eye on this one. Big things in the long term.
NYSE:NIOLong
by ConqueringCrypto
NIO Elliot wave detail analysis Nio is currently showing a pendant flag with a break out possibility. The correction impulse had ended on October before the Q3 2021 report and are currently building momentum for a 5 step impulse wave. Drawing a visible range from the drawback from ATH , the price is currently extremely close to the strongest support for the year. The ema 20,50,200 further confirm the price is currently at a very right range, showing a promising buying point , they are ready to pull away from each other. The potential upside gain is more than 50%
NYSE:NIOLong
by treemaam
2
NIO Q3 Earnings: What to ExpectWill the chip shortage affect Nio's Q3 results? NIO will report unaudited third-quarter earnings on November 9 after the US market closes. So what can investors expect? NIO has already released data showing that it delivered 24,439 vehicles in the third quarter, up 100 percent year-on-year and 11.6 percent from the second quarter. Of those, 5,418 ES8s, 11,271 ES6s, and 7,750 EC6s were delivered. In a research note sent to investors on November 3, Deutsche Bank analyst Edison Yu's team said the delivery figures were largely in line with their latest forecast. The team expects NIO's revenue to be CNY 9.33 billion in the third quarter, representing a 106.1 percent year-on-year increase and a 10.4 percent increase from the second quarter. Yu's team expects NIO to report a gross margin of 17.0 percent in the third quarter and a vehicle margin of 18.6 percent. As a comparison, the company had a gross margin of 18.6 percent and a vehicle margin of 20.3 percent in the second quarter. The team attributed their lower gross margin forecast to higher depreciation amortization. Based on these figures, the team expects NIO to report a loss of CNY 0.82 per ADS in the third quarter. This compares with a figure of CNY 0.21 in the second quarter. For the fourth-quarter outlook, Yu's team expects NIO's management to likely give guidance of 24,000-25,000 deliveries, considering that October's downtime resulted in only 3,667 deliveries for the month. NIO's management has hinted that their order book has exceeded 10,000 units for several months in a row, so Yu's team expects NIO's deliveries in November and December to improve back to more than 10,000 units, and expects the company's guidance for fourth-quarter revenue may be in the CNY 9.5 billion-10 billion range. NIO has previously said it aims to deliver three models next year, including its flagship sedan ET7, Yu's team noted, adding that they don't think NIO's management will do a complete refresh of its current models next year, as it believes they can remain competitive with the most competing German luxury models with minor updates. Yu's team raised NIO's delivery forecast for next year from 150k to 160k and for 2023 from 245k to 285k. Based on the latest delivery forecast, the team raised its price target on NIO by USD10 to USD70, still based on 8x 2023E EV/sales. In a separate report sent to investors on November 4, Yu's team noted that NIO's stock has significantly underperformed its local peers over the past three months, but that could change soon. The team believes that there are 2-3 potential catalysts that could help change the narrative on the stock next. Here's what they say: 1) 3Q21 earnings on 11/9: management will provide 4Q guidance that shows large step-up in volume recovery for Nov/Dec and while official consensus is likely too high, we believe buy-side expectations have already been reset. 2) November monthly deliveries: likely reported on 12/1 and should confirm robust demand for existing models despite greater competition. 3) NIO Day: will be held on 12/18 and we expect new models/technology to be unveiled that should boost both investor and consumer sentiment. Notably, the team also cautioned that risks including further constraints from the supply chain, a sudden shift in EV investor sentiment and poor initial acceptance of new products could also invalidate these judgments. NIO shares are up about 10 percent so far this month and up about 20 percent in the past month. This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
NYSE:NIO
by EqualOcean
NIO bullish runAt this time NIO have it nice run and that run and end 5 Elliott wave price adjustment. Recently, a new wave has begun and it has already passed the first stage, when during the second stage the price will fall to level X, the price will fall by about 2-3.5 USD. The price will definitely come back from this level, as there were two GAP levels in the past, this would be the third time, and everyone is well aware that three are the most important in a technical analysis . So it will be a strong level of support, maybe even a price with RSI or a stochastic indicator will make a difference, and rising prices will create a HEAD AND PET, which would be a very nice and equitable price model with a huge impact on new price levels.
NYSE:NIO
by MantasJanusaitis
NIO: Added Over 10k Orders in Oct, No Chip Shortage for OctNIO said in an announcement on its website yesterday that it delivered 3,667 vehicles in October, including 218 ES8s, 2,528 ES6s and 921 EC6s. That delivery volume fell 27 percent year-on-year and was 65.5 percent lower than in September. After a short explanation of the dip in October deliveries on the NIO App yesterday, NIO co-founder and president Qin Lihong gave more details in an interview. NIO's factory in Hefei ran at full capacity for only 10 days in October, so deliveries were low, but sales in October were excellent and reached a record high, local auto media Chedongxi said, citing an interview with Qin today. Qin said he could not disclose the number of new orders, but said "it's definitely over 10,000, and we've been over 10,000 for several months in a row." Chedongxi reports that their visits to NIO stores also confirm Qin's claims. A salesperson at an NIO store in Beijing's Wukesong said the store sold more than 100 units in October, a good month for the year. "Because loan rates are going to be raised in November, 1,400 cars were sold across Beijing on October 31 alone," the salesperson said. The company attributed this to lower production volumes due to production line restructuring and upgrades and preparations for new product introductions between September 28 and October 15, as well as certain supply chain fluctuations, but did not provide more details. In the latest interview, Qin said NIO began a revamp of the JAC NIO manufacturing site in April and May this year to allow the ET7 to be produced and delivered in the first quarter of next year and to expand the plant's capacity. The renovation was carried out in several phases so as not to affect the production of NIO's existing models, with the latest upgrade, which began at the end of September, being a very important phase, Qin said. One of the tasks was the expansion of the body welding line, with more than 100 new robots alone. "After the equipment goes in and is commissioned, there's another week of complementing the line and capacity creep," Qin said. As some car companies continue to blame the chip shortage for the decline in deliveries, Qin was also asked by Chedongxi if the decline in NIO deliveries was related to that, and Qin answered in the negative. NIO's factory was open for just 10 days, and that little production wasn't enough to be affected by the chip shortage, he said. Separately, according to Beijing News, Qin said NIO's current production pace is normal and orders in the clog will soon be cleared. Consumers who order NIO vehicles now can get deliveries in six weeks at most, Qin said, adding that NIO deliveries will get back on track in November and December. This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
NYSE:NIO
by EqualOcean
$Nio - investment idea 💡 #NIO has been trading for a while in the demand zone, giving great opportunity for low risk entry. And great target potential. Regardless the fundamental analysis, this is just technical analysis. From this price I will start buy small positions and buy more with bullish price actions. ❌ - Moving Averages still bearish, price distance to fast ma 0.50% and to slow -17.53% ✅ - The scenario is duble bottom, and bearish butterfly 🦋 pattern. ✅ - MACD ✅ - STOCHASTIC ✅ - Momentum ✅ - RSI Neutral ❌ - Ichimoku very bearish ⏰ - Breakout around: $37 🚦 - Next entries in case if dropped: - $30 - $23.30 - 18.70 ⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
NYSE:NIOLong
by Bullwards
4