XPENG Stock Chart Fibonacci Analysis 052223Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 9.1/61.80%by fibonacci6180Published 0
XPEVResistance is around $11.61. At resistance if XPEV fails to break it then that would be a good area to short. If XPEV breaks resistance with good buying volume, then it can possibly head higher to $13.13 or the resistance zone: $16.72 - $18.25.by blowe7Published 3
$XPEV Bullish setup XPEV forming a bull pennant on the daily, with a breakout implying a move to HKEX:13 An idea would be to go long with a stop at $9.4 ... good R/R here, I'm long Longby FriscoTradesPublished 224
XPEV Long idea setup100 ema can be a strong resistance to break. if breaks next magnetic price is around 200 emaLongby vazitradesPublished 5
XPENG Stock Chart Fibonacci Analysis 031223 1) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 8.66/61.80%by fibonacci6180Published 113
XPeng negative picture could still be attractive to investorsXPeng Inc. (symbol ‘XPEV’) share price has been trading in a slight bearish momentum for the last 3 months without any signs of bullish reversal. The company’s earnings report for the fiscal quarter ending December 2022 is set to be released on Friday 17th of March, before market open. The consensus EPS for Q4 is $-0,05 compared to Q4 2022’s $-0,24. ‘The share is trading at its all time low since the day of joining the New York Stock Exchange in September of 2020 after losing more than 80% of its valuation in 2022. The profit and loss statement is not looking good with the company recording net losses for the last 4 years and resulting in negative P/E and PEG ratios. The company’s share is undervalued by more than 45% which despite the negative financials it might still be considered an attractive investment option for long term investors since it has the potential to grow and possibly reach its all time high of more than $70 in 2020.’ said Antreas Themistokleous at Exness. ‘Xpeng (XPEV) will join the Hang Seng TECH Index, according to the company on March 7. The company is also expected to join the Hang Seng China Enterprises Index by mid-month, replacing China Feihe.’ From the technical analysis perspective the price has been trading in a declining trading channel in the last 3 months and is currently between the 50 and 100 moving averages , also known as “dynamic area”. The $10 area is a strong resistance since it consists of the 50% of the Fibonacci , the 50 day moving average and also the psychological resistance of the round number. A continuation to the downside could find some support around $$8,90 which is the 61.8% of the Fibonacci and also an inside support area since late January. by Exness_OfficialPublished 1
$XPEV: Bullish trend and the emergence of Chinese EV makersI had published a video idea discussing Chinese EV names, and China reopening as a possible bullish catalyst for demand in the EV sector and to keep an eye out for bullish setups in the Chinese EV stocks. I think the time has come to scoop some $XPEV exposure here, the weekly trend is now confirmed as bullish so the move I was anticipating in my prior post can take place now. It's an interesting turn of events how China has now emerged as a rapidly growing car manufacturing hub, and likely the most compelling competition for $TSLA in the EV front going forward, as everyone else is lagging behind big time or not as profitably participating in the EV transition. So, considering that, I think we should keep an eye on these names and try and capture swings in them going forward. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrieUpdated 1111
$XPEV Betting On TechnologyAs one of the hottest Chinese EV manufacturers, XPeng Inc. (NYSE: XPEV) is considered to be one of the most promising EV stocks thanks to its innovative technologies that set it apart from its competition. Since Covid lockdowns in China significantly impacted the EV industry, XPEV reported underwhelming delivery numbers in 2022 – far below expectations. With China now opening up, XPEV stock forecast could be bullish especially with the company planning for 3 new launches in Q1. XPEV Fundamentals Deliveries Considering the challenges facing the EV industry from supply chain woes to China’s Covid lockdowns, EV manufacturers including XPEV have suffered significantly in 2022 as they were not able to deliver on their delivery estimates. Despite this, the industry’s outlook in 2023 appears to be bright especially with China easing its lockdowns. With this in mind, XPEV recently announced its deliveries for December, Q4, and full year 2022. In this update, XPEV announced delivering more than 11.2 thousand vehicles in December 2022. Based on these deliveries, XPEV was able to beat its Q4 delivery expectations of 21 thousand. Despite this, XPEV fell significantly short of its full year delivery estimates of 250 thousand vehicles as it managed to deliver only 120.7 thousand vehicles in 2022 as a result of the lockdowns that have affected the company’s production. However, many investors are increasingly bullish on XPEV stock forecast in 2023 as the company intends to launch 3 new vehicles in Q1. Considering the company’s vehicles’ impressive technologies, XPEV could be well-positioned to post record deliveries – aiding the company in its path to profitability. Expanding In Europe Looking to further expand in Europe, XPEV announced plans to open 4 XPENG Delivery and Service Centers in Norway, the Netherlands, Sweden, and Denmark in the first half of 2023 to aid its EVs in these markets. At the same time, XPEV intends to open additional locations in these markets by the end of 2023 to offer greater coverage in these markets. In light of these plans, XPEV has the potential to witness increased demand for its EVs in these markets which could help the company further expand its offerings in the European market. For this reason, XPEV stock could be one to buy at its current PPS in anticipation of these efforts to roll out. Autonomous Driving Technology One of XPEV’s most compelling assets is its groundbreaking autonomous driving technology. In its latest annual Tech Day, XPEV announced a number of impressive technical achievements related to its autonomous technologies. At the core of XPEV’s technologies, XNPG is designed to be its last step before autonomous driving is realized – offering driver assistance in different driving scenarios from highways to complex city roads. Moreover, XNGP achieved a technological breakthrough as it expands to areas not covered by high-precision maps. Since XNGP is China’s most advanced driver assistance technology, XPEV stock forecast appears to be bright for the future as the company could be set to become a global leader in autonomous driving. In addition to XNGP, XPEV announced its next-generation neural network-based software architecture – XNet – on Tech Day. Unlike the first-generation architecture, XNet is based on an in-house developed neural network for visual recognition with human-like decision making capabilities. This neural network technology replaces complicated manual processing logic to achieve a self-evolving data-driven algorithm and is backed by Fuyao – the largest supercomputing center for autonomous driving in China. With this in mind, Fuyao’s capabilities could increase the training efficiency of autonomous driving models by more than 600 times. In this way, the time for a model training could be reduced from 276 days to only 11 hours. Additionally, XNet uses only 9% of chip processing compared to 122% thanks to XPEV’s impressive deployment optimization. In light of this, many investors are bullish on XPEV stock forecast in the long-term as it continues developing its autonomous driving technologies. With autonomous driving a major goal of the company, XPEV established China’s first fully closed-loop autonomous driving data system that includes data collection, labeling, training and deployment. This system is supported by Fuyao’s capabilities as well as a full auto-labeling system. Based on this, the system can address every detected corner case by utilizing a targeted data collection approach to acquire training data from XPEV’s vehicles. Considering XPEV’s AI capabilities, the company was able to reduce incident rates for its Highway NGP functionality by 95% – which is an impressive feat for the company’s autonomous driving efforts. Robotaxi As for its robotaxi development efforts, XPEV achieved a major milestone as its G9 SUV obtained intelligent connected vehicle road test permit – making it China’s first commercial vehicle to pass the government-led autonomous driving closed-field test. With this in mind, XPEV’s platform-based robotaxi development intends to generate cost benefits while ensuring product quality, safety and used experience. While it may take the company several years to fully realize its robotaxi ambitions, XPEV stock could be an opportunity at its current PPS in anticipation of further developments regarding this endeavor. Flying Car Meanwhile, XPEV is developing a flying car and brought the latest version of its full-electric vertical take-off and landing (eVToL) flying car to light at its Tech Day. Developed by XPEV’s affiliate XPENG AEROHT, the vehicle has been optimized to a new distributed multi-rotor configuration. At the same time, the vehicle’s system design complexity has been reduced to improve flight safety and reliability. On that note, the test vehicle of the new flying car has successfully completed its first flight and several single-motor failure tests. Given the company’s impressive portfolio of technologies under development, XPEV stock forecast appears to be bright for the long-term. XPEV Financials Looking into XPEV’s Q3 report, the company has $10 billion in assets including more than $4.4 billion in cash and cash equivalents which can be utilized by the company to further improve its technologies. XPEV also has $4.5 billion in liabilities – $3.2 billion of which are current liabilities. Based on this, XPEV appears to be in a strong financial position which reduces its potential to dilute its shareholders. Meanwhile, XPEV reported $959.2 million in revenues and had a gross profit of $129.7 million. However, the company incurred $439.2 million in operating costs – leading the company to report a net loss of $334 million. Considering that the company is operating at significant losses, XPEV stock forecast could be bright for the future as the company anticipates to become operating profit positive by 2025 – making it one to hold onto for the long-term. Technical Analysis XPEV stock is currently trading at $8.95 and has supports near 8.15 and 6.18. Meanwhile, the stock shows resistances near 9.27, 10.44, 12.10. Since the company posted its Q3 report last November, XPEV stock rebounded significantly from near all-time lows despite posting underwhelming earnings. This rebound has been mainly due to investors’ optimism regarding the company’s future deliveries considering China’s decision to ease its Covid lockdowns. While the stock lost some of its momentum following its run in late November, XPEV appears to be consolidating at its current price level. However, XPEV stock recently broke through a major support near $9.27 which has become a resistance level. Given that there is a gap on the chart near $7.37, XPEV’s recent price action could signal a further drop to fill the gap. At the same time, XPEV has gaps to the upside near $10 and $11.8. While the company has a number of catalysts this quarter – most notably the anticipated launch of 3 new vehicles, investors could wait for a confirmation of the trend before making a decision. If XPEV fails to break through its resistance, the stock could be headed for a retest of its support near $8.15 or fill the gap if it witnesses a strong selling activity. In that case, the $8 price level could be a good entry point for long-term investors. Meanwhile, if bulls are able to send XPEV’s PPS past its resistance, investors could have a good entry near $9 since the company’s upcoming catalysts could trigger a major run. Given that XPEV has shown substantial runs on positive news, the stock could be poised to appreciate in value once its upcoming catalysts roll out. With this in mind, XPEV stock is a long-term hold for many investors thanks to the company’s potential as it continues developing its technologies. For this reason, XPEV’s current PPS could be an opportunity for long-term bulls on the company’s potential. Considering the stock’s dip since the beginning of the year following its price cuts, accumulation is witnessing a slight downtick. Meanwhile, the MACD recently turned bullish following a crossover which could signal a run in the near term. The RSI is holding at 31 indicating that XPEV stock is oversold. Based on these indicators, entering a starter position at XPEV’s current PPS could be a profitable decision as the stock appears to be poised to run in the near future. XPEV has an OS of 856.7 million shares and a float of 518.3 million shares. XPEV Forecast With the company looking to move past its 2022 delivery woes, XPEV stock forecast appears to be bright for 2023 and beyond. Considering that the company intends to launch 3 new vehicles in Q1, XPEV could witness increased interest in its vehicles thanks to its advanced technologies. In this way, XPEV could be well-positioned to receive a major boost in its revenues this year. Meanwhile, the company expanding its presence in Europe is a positive catalyst for its future in the European market. Since the company is opening 4 delivery and service centers and plans to open more centers in Norway, the Netherlands, Sweden, and Denmark this year, XPEV could be poised to witness increased demand for its EVs in these markets. While these endeavors have the potential to set the company for future growth, investors are more bullish on XPEV’s technologies – especially its autonomous driving technology. Meanwhile, XPEV’s development of robotaxi and flying vehicles are catalysts to watch as they play out in the coming years. As the full development of these technologies may take several years, XPEV stock could be one to buy at its current PPS as it has major potential to climb once these technologies are introduced.by Penny_Stocks_TodayPublished 11
$XPEV: Short term setup could evolve into longer term ideaBrief look at EV names here, I like the setups across the board and specially like the low correlation to $QQQ as of late, and relative strength of China in particular. Best of luck! Cheers, Ivan Labrie.Long08:52by IvanLabrieUpdated 338
Xpeng: The Awakening!Yes, the Xpeng stock has taken some very hard hits but this is just a reason more to love this stock! From the curernt low points we expect the course to push over the last all-time high an reach new highs of at least $95.43. Longby MarketIntelPublished 3
double bottom double bottoms on XPEV going long till 20$ all EV and Chinese market going to correct the huge drop Longby GeosyPublished 5
XPEV XPeng Inc Options Ahead Of EarningsLooking at the XPEV XPeng Inc options chain ahead of earnings , i would buy the $10 strike price Calls with 2023-3-17 expiration date for about $0.76 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 4413
XPEV is forming a reversal pattern perhaps following TSLAXPEV is presently finishing out a falling wedge pattern. As shown on the 30-minute chart, exponential moving averages are falling and converging in the narrow area where VWAP is trending. At lower time frames a "Golden Cross pattern" A stop loss can be set under the double or triple bottom with a target being the 1/2 of the way to swing high about 10% higher based on a routine retracement. This seems to be a quality swing long setup based on a breakout of a falling wedge and a confluence of moving averaged and anchored VWAP I took some call options with a strike of $ 8 and an expiration on 12/16 while expecting over 100 % profit. by AwesomeAvaniUpdated 112
down trend line breaksdown trend line breaks out 1st target 14 and snd as labeled stop loss 8.0 ... good luck...Longby Turki_ShUpdated 13
Wyckoff Accumulation in XPEVPreliminary Support (PS) The first significant rally that occurs after a prolonged decline that indicates budding demand showing up. It is usually associated with a minor panic preceding that rally. Selling Climax (SC) A major panic that occurs at the end of a steep decline in prices. In its classical form it is typified by large range reversal in prices accompanied by large volume. Automatic Rally (AR) The rally that occurs after a Selling Climax. It occurs without previous preparation, hence the word “automatic.” The top of an AR usually marks the beginning of the coming creek. Secondary Test (ST) A name given by Wyckoff to the reaction following Automatic Rally, (or rally following the Automatic reaction.) If that test is associated with small range and light volume—it increases the likelihood that the previous trend is over. Spring A form of a test of a trading range. Characterized by pushing prices below support by the CM in order to check the status of supply. The market’s response to the spring indicates the nature of supply and demand forces for the near future. Longby Horizon_TraderUpdated 445
3 rising valleys. Fib target is up there.This is a bullish stock pattern - 3 rising valleys - and will explode soon. #LongLongby TradingBangersPublished 1
Is this a PIVOT point for XPEV?NYSE:XPEV XPEV looks like it ready to pop. We can't be that much more before we get a big move up!Longby TrendTraderXUpdated 1110
XPEV major trend shiftflying cars are the future guys. The technicals show a bullish reversal here accept it.Longby DandadyPublished 6
Falling Wedge Pattern Falling Wedge in XPEV! It's important to wait until it breaks CLOSING above the resistance trend line. Be patient and you could get a bullish trade with high risk/reward ratio! SL: All time low TP: $12, if TP hit, you could use trailing stop, and get a even better trade!Longby Horizon_TraderUpdated 3
XPEV AnalysisPrice failed to hit the bearish POI at 12.86 before going lower, but it still played out well according to my analysis. Price is not playing out according to the wyckoff accumulation schematic as analyzed for the past few months, and is currently on a downtrend. I'm expecting price to make a bullish retracement back into the bearish POI at 12.86 before continuing lower.Longby KeeleytwjPublished 1
Falling Wedge XPEG1. Falling wedge on weekly timeframe. Potential breakup. 2. WT_LB and CM_Williams_Vix_Fix indicate potential oversold position. 3. Based on sample of accumulated population data such combination of variables work out in 86% of cases. 4. Potential range for starting position accumulation. 5. Compared against NIO and LI. Relatively oversold position. Just my thoughts. Do not trade on it. Not financial advice at all.Longby Askhat_KulchiyevPublished 665