Have a look at Price NIO Inc. (NIO) Moves -43.84% off from One Year High

NIO Inc. (NIO) Stock Price Trading:

NIO Inc. (NIO) stock was most active stock of Wall Street Market on Yesterday. NIO jumped 4.87% to $7.75. NIO Inc. (NIO) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. Considering that the stock daily volume of 74.97 million shares, this represents a pretty noteworthy trading in volume size. This trading sentiment put the stock on Active spotlight. NIO Inc. (NIO) maintained activity of 41.85 million shares that trade hands on average basis while its relative volume is 1.86. When analyzing volume, determine the strength or weakness of a move. As traders, we are more interested to take part in strong moves and don’t join moves that show weakness – or we may even watch for an entry in the opposite direction of a weak move. These guidelines do not hold true in all situations, but they are a good general aid in trading decisions.

NIO Inc. (NIO) stock shares price go up so far this year; showing a rise of 17.42% and added with positive flow of 23.02% during recent week.

Institutional owners hold 1.39% stake while Insiders ownership held at 52.52% in the company. The stock’s short float is around of 1.91% and short ratio is 0.07. The company holds 1.02 billion outstanding shares and 160.00 million shares are floating in market.

The stock has advanced 44.86% to a low over the previous 12 months and showed declining move -43.84% to a high over the same period. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 2.07% and standing 2.07% away from 50-Day Simple Moving Average while traded up 2.07% from 200-Day Simple Moving Average.

Braden Nelson

Braden Nelson covers "Hot Stocks" Section of Website.He covers recent activity and events, from economic reports and indicators to any important news relating to individual stocks, sectors, or countries. In particular, he attempt to identify emerging trends in markets that have the potential to reward early investors with outsized gains, while keeping a keen eye on risk. He holds a Masters degree in education and social policy and a bachelor’s degree in economics from Northwestern University.

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