NIO Stock Forecast: NIO Locks ET7 orders. Will it sustain above $30?

NIO Stock is closed 1.75% higher at $ 29.13 in the last trading session.

NIO Stock Forecast: Performance Chart

NIO Stock Forecast: Momentum Summary

NIO Stock Forecast: Technical Analysis

Read: Best EV stocks to buy in 2022

THE STOCK MARKET COLLAPSE CONTINUES – WHAT IS GOING ON??? NIO STOCK PRICE PREDICTION UPDATE!

NIO: If THIS Is True…

NIO Stock Forecast: Latest News and Tweets

$NIO Amazing! Profit Factor of 4 and trade profitability of 83.33%. 12 trades executed and buy signal in place. 15 minute chart

Originally tweeted by UltraAlgo™ (@ShortAlgoTrades) on January 19, 2022.

$NIO is following $TSLA chart in the following years! Long term hold! Be smart and don’t sell a share! The reason why I try to crab all shares like there is no tomorrow! We are at the beginning of the beginning!

Originally tweeted by Prof.Dr.-Ing James Cook (@investorinstonk) on January 20, 2022.

Why Nio Stock Is Higher Today

It’s Still Best to Steer Clear of Nio Stock for Now

NIO Stock Forecast: NIO Social Media Sentiments

NIO Stock Forecast: NIO Q3 Results and Upcoming Events

• Deliveries of vehicles were 24,439 representing 100.2 percent growth from third quarter 2020 and 11.6 percent growth from second quarter 2021.
• Total revenue stands at RMB9805.3 million (US$1521.8 million) in third quarter, an increase of 116.6 percent from same quarter last year and 16.1 percent from second quarter 2021
• Nio ET7 will be launched in German in 2022 and deliveries will begin by mid-November.
• Investors keenly watch Nio day-annual day for company’s newest product and technology launch. It will take place on 18th December this year in Suzhou.
• Investors will take positive clues from the product launch at the event and it may lead to fresh buying in the stock.

NIO Stock Forecast: Outlook for 2022

• Although stock has given negative return in last one year of around -20 percent as investors are not feeling confident about the stock fearing potential regulatory activity and supply chain disruptions
• Investors are also concerned about US central bank will raise the interest rate and so they are inclined to move their money from equity to bond market
• Some people are criticizing its close relationship with Chinese government but it is boon rather than curse considering political environment and curbs in China
• Nio posted weak October deliveries of only 3.67K. However, it is not a cause of concern as it needed some downtime to adjust its manufacturing process to scale ET7. Company has resumed normalcy in production since October end
• The company has estimated Q4 deliveries to be between 23.5K to 25.5K. And therefore it is expected to have flat growth estimates as compared to Q3. However, company counts on China to support its growth. China is #1 EV market globally.

Read DWAC Price Prediction

Writer: Vineet Agarwal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.