Bullish Case: NIO's current low price offers entry point with potential recovery; mean-reverting nature may lead to an upward trend, capturing the growing EV market appetite.


Bearish Case: NIO's significant decline, high volatility, and market placement at the 0th percentile signal ongoing investor skepticism and potential continued underperformance.


Potential Outcomes:

1) EV demand growth leads to stock surge (25%).

2) Continued stagnation amidst market disfavor (50%).

3) External factors cause further decline (25%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 06, 2024


NIO Forecast

NIO        NIO
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with NIO



EXTR Forecast + Options Trading Strategies   EXTR  Extreme Networks (0.94)


EXPI Forecast + Options Trading Strategies   EXPI  eXp World (0.93)


NYCB Forecast + Options Trading Strategies   NYCB  New York Community Bancorp (0.93)


AEHR Forecast + Options Trading Strategies   AEHR  Aehr Test Systems (0.92)


FOXF Forecast + Options Trading Strategies   FOXF  Fox Factory (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to NIO



FTNT Forecast + Options Trading Strategies   FTNT  Fortinet (-0.0)


HES Forecast + Options Trading Strategies   HES  Hess (0.0)


TOST Forecast + Options Trading Strategies   TOST  Toast (-0.0)


JWN Forecast + Options Trading Strategies   JWN  Nordstrom (-0.0)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NIO



IDT Forecast + Options Trading Strategies   IDT  IDT Corp. - (-0.86)


STRA Forecast + Options Trading Strategies   STRA  Strategic Education (-0.87)


CRNX Forecast + Options Trading Strategies   CRNX  Crinetics Pharmaceuticals (-0.87)


WING Forecast + Options Trading Strategies   WING  Wingstop (-0.87)


GEO Forecast + Options Trading Strategies   GEO  Geo Group (-0.88)





Become a more profitable investor with AI optimized trading strategies






×

Chat with NIO


 Ask any question about NIO!