NIO Stock fell today by -7.00 percent – October 06 2022

By InvestMacro.com | #stocks #NIO #technologystocks

NIO Inc. End of Day Update: October 06 2022

The NIO Inc. (NIO) stock finished the day with a fall of -7.00 percent and closed the day around the 14.918 price level, according to unofficial data at the New York close.

NIO, a Chinese electric car company based out of Shanghai, opened the day trading at 16.0 with the high of the day being 16.24 and the low of the day at 14.78. The stock is trading below both its 200-day moving average and its 20-day moving average currently.

The NIO RSI level is Bearish

The Relative Strength Index, an indicator that can indicate overbought (above 70) and oversold levels (below 30), shows that the current RSI score is at 33.6 for a Bearish reading on the daily time-frame.

NIO Price Trends

NIO is now down by -18.70 percent over the past 10 days while seeing a decline of -20.94 over the past 30 days. The 90-day change is -9.97 while the 180-day return and the 365-day return are -47.89 and -63.80, respectively.

By InvestMacro.com