By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Buying Opportunity for NIO (NYSE:NIO)
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Opinion > Shayne Heffernan > Buying Opportunity for NIO (NYSE:NIO)
Headline News

Buying Opportunity for NIO (NYSE:NIO)

Shayne Heffernan Ph.D.
Last updated: January 5, 2021 12:18 am
Shayne Heffernan Ph.D.
Share
7 Min Read
MW HX543 NIO 12 ZG 20191230110418
SHARE

$NIO #Auto #China #NYSE #USA #Stocks #Trading #Markets

Contents
NIO NewsBusiness SummaryPrice PerformanceRelative ValuationTechnical IndicatorsCandlesticksMomentum IndicatorsStochastic OscillatorRelative Strength Index (RSI)MACDRex Takasugi – TD ProfileSummary

NIO
Ticker: NYSE:NIO
Price: $53.49

NIO News

There’s no denying that NIO has tremendous operational momentum today.

The Covid-19 pandemic negatively impacted the company in the first quarter of 2020. But, ever since then, the EV maker has been absolutely on fire. In April, NIO’s delivery trend reversed course, with volumes rising 181% year-over-year as China’s economy started to rebound from the pandemic and the government ramped up EV support.

That was only the beginning.

NIO rattled off 216% delivery volume growth in May, 179% growth in June, 324% growth in July — so on and so forth, all the way to December, creating a stretch of nine straight months of 100%-plus delivery growth.

Why the huge growth surge?

Outside of the fact that China is aggressively supporting EV adoption through huge subsidies, NIO has — through its sleek car designs, top-performance vehicles, swanky marketing campaigns and exclusive branding — cemented itself as the de facto leader in China’s booming premium EV category. Plus, NIO is pioneering a novel Battery-as-a-Service model that allows NIO drivers to rent car batteries (not own them), which significantly reduces the cost of the vehicles.

In other words, NIO is selling the coolest, highest-performance luxury EVs in China at blockbuster prices and at a time when all drivers in China are going electric. It’s no wonder the company is rattling off such huge growth rates, or that NIO stock is flying high.

That’s the good news.

The better news? This growth story is the top of the first inning.

Business Summary

Nio, Inc. designs, manufactures and sells smart and connected electric vehicles. It manufactures autonomous driving electric vehicles integrated with next generation technologies and artificial intelligence.

It manufactures ES8, which is a seven-seated all aluminum alloy body electric sports utility vehicle (SUV). It is equipped with e-propulsion system which is capable of accelerating from zero to 100 km per hour in 4.4 seconds and delivering a New European Driving Cycle driving range of up to 355 Kilometers (km) and a maximum range of up to 500 km in a single charge.

It is also focused on providing vehicle charging solutions, which include Power Home, Power Swap, Power Mobile and Power Express service. It also offers various value-added services to its users, such as statutory and third-party liability insurance and car damage insurance through third-party insurers, repair and routine maintenance services, courtesy car during lengthy repairs and maintenance and roadside assistance.

Price Performance

Screenshot 1 1

Relative Valuation

Screenshot 2 1

Technical Indicators

Overall, the bias in prices is: Upwards.

Note: this chart shows extraordinary price action to the upside.

The projected upper bound is: 61.44.

The projected lower bound is: 46.57.

The projected closing price is: 54.00.

Screenshot 3 1

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 27 white candles and 23 black candles for a net of 4 white candles.

A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 4 rising windows in the last 50 candles–this makes the current rising window even more bullish.

Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

Screenshot 4 1

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Screenshot 5 1

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 89.8046. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a sell 6 period(s) ago.

Screenshot 6 1

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 64.84. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 23 period(s) ago.

Screenshot 7 1

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 1 period(s) ago.

Screenshot 8 1

Rex Takasugi – TD Profile

NIO INC closed up 4.750 at 53.490. Volume was 36% above average (neutral) and Bollinger Bands were 20% narrower than normal.

Open    High    Low    Close     Volume
51.200  54.447  50.670 53.490    213,109,728
Technical Outlook
Short Term:        Overbought
Intermediate Term: Bearish
Long Term:         Bullish
Moving Averages: 10-period     50-period      200-period
Close:           47.68         43.39          19.07
Volatility:      77            111            117
Volume:          120,298,176   188,577,680    119,045,648

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

NIO INC gapped up today (bullish) on normal volume. Possibility of a Runaway Gap which usually signifies a continuation of the trend. Four types of price gaps exist – Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance.

NIO INC is currently 180.6% above its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of NIO at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on NIO and have had this outlook for the last 16 periods.

You Might Also Like

125 Public Companies Now Hold Bitcoin

Ferrari Hypersail

Banking Apocalypse, Bitcoin’s Just the Beginning

Bitcoin at ATH, What Next?

St. Francis: The Deeds You Do Today

TAGGED:best fx accountbest fx companybest trading platformdaily stock brief HeffxMake money trading with Heffxmorning call with Heffxopen an account fxShayne Heffernan well known economist Asiatrade like Shayne Heffernan

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Shayne Heffernan Ph.D.
Follow:
Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
Previous Article istock 161057193 wide c5721bc082aa54b573c6ae3014ecc4d3a9288608 Curiosity is Beneficial for Good Health
Next Article Screenshot 17 1 Ford Motor Company (NYSE:F) A Stock Worth Watching
Buy Bitcoin

Buy Bitcoin

Latest News

Screenshot 26 6 2025 132527
Tokenization and the Future of Financial Markets
Bitcoin Blockchain DeFI Digital Assets Economy Headline News KXCO Politics USD July 11, 2025
photo 2025 03 03 07 22 06
InfoFi: The Latest Abomination in Crypto
Crypto Featured Headline News Shayne Heffernan on Investments July 10, 2025
czi0oawj8y561
Asia’s Growth Resilience Amid U.S. Tariffs
America Asia Asia Business Featured Headline News KXCO Politics USD July 10, 2025
trump comp 835dbf
What We Know Exists in the Epstein Files
America Headline News Opinion Politics Shayne Heffernan July 8, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?