NIO (NIO, $4.49) Aroon Indicator entered a Downtrend on April 26, 2024.

A.I.dvisor
at Tickeron.com
04/27/24
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NIO - NIO Inc.
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $4.49
Daily change: +$0.36 (+8.72%)
Daily volume: 59.3M
Capitalization: $9.3B
Industry: Motor Vehicles
For the last three days, A.I.dvisor has detected that NIO's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for NIO, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 232 similar cases, of which were successful. Based on this data, the odds of success are
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NIODaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of electric cars

Industry MotorVehicles

Profile
Fundamentals
Details
Industry
Motor Vehicles
Address
No. 56 AnTuo Road
Phone
+86 2169082018
Employees
26763
Web
https://www.nio.com