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Nio Inc (NIO) - Technical Comment


According to our analysis, a  long position is recommended for this stock.  All the technical indicators and moving averages depict a potential buy signal for NIO.
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.

For more details click on the attached report below. 

Research Team | Finance Club UoM
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THE FINANCE CLUB OF UNIVERSITY OF MACEDONIA, THESSALONIKI, GREECE      
 
The Finance Club of University of Macedonia  - www.financeclub.gr is an independent non-profitable student organization founded by students of the University of Macedonia, Greece (UoM - www.uom.gr) that aims to build strong relations between the market and the University. Though based in the University of Macedonia, it also operates via associates in Aristotle Universit
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