{"id":4745,"date":"2026-05-07T15:16:38","date_gmt":"2026-05-07T15:16:38","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4745"},"modified":"2026-05-07T15:16:38","modified_gmt":"2026-05-07T15:16:38","slug":"nio-stock-price-has-slipped-this-month-heres-why-it-may-rebound-soon","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4745","title":{"rendered":"Nio stock price has slipped this month: here\u2019s why it may rebound soon"},"content":{"rendered":"
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Nio stock price has pulled back in the past few days, mirroring the performance of other Chinese electric vehicles. It was trading at $5.90 on Tuesday, down substantially from the year-to-date high of $7.01. Still, the stock is showing some bullish signals, which may lead to a strong comeback in the near term.<\/p>\n

Nio stock price technical analysis points to a rebound <\/h2>\n

The daily chart shows that the Nio stock price has pulled back in the past few days, moving from a high of $7 to the current $6. This retreat happened as investors booked profits after its double-digit gains.<\/p>\n

On the positive side, this retreat seems to be part of the series of higher highs and higher lows that it has formed in the past few months.<\/p>\n

Another positive is that the stock has remained above the 100-day Exponential Moving Average (EMA), a sign that bulls remain in control for now.<\/p>\n

The stock has now moved slightly below the 38.2% Fibonacci retracement level. At the same time, the Relative Strength Index (RSI) has slumped below the neutral point at 50. The Stochastic Oscillator has also dropped below the oversold level  <\/p>\n

Therefore, the most likely scenario is where the stock resumes the uptrend and moves to the key resistance level at $8, its highest point on October 1 last year. Such a move will be 35% increase from the current level and will be confirmed if it moves above the key resistance level at $7.<\/p>\n

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Nio share price chart | Source: TradingView <\/em><\/p>\n

Top Catalysts for Nio shares<\/h2>\n

There are some potential catalysts for the Nio stock price. The most important is that the company\u2019s deliveries are rising and its profitability is improving.<\/p>\n

Its recently released delivery numbers showed that it sold 29,356 vehicles in April this year, up by 22.8% from the same period last month. It brought the number of total deliveries year-to-date to 112,821, a 71% growth rate.<\/p>\n

Its growth has beaten other companies in the industry. For example, in a recent report. BYD said that its vehicle deliveries dropped for eight consecutive months as competition rose. It sold 314,100 passenger cars in April this year.<\/p>\n

Similarly, Nio\u2019s growth<\/a> was better than that of XPeng, which delivered 31,011 vehicles, up by 13% YoY. Li Auto\u2019s deliveries rose slightly to 34,085 from 33,940 in April last year.<\/p>\n

Nio\u2019s sales are being boosted by the popular ES8 vehicle, which has become one of the most popular brands in China. <\/p>\n

It is now banking on the ES9 vehicle, which has moved into pre-sales, with the deliveries meant to happen on May 29. The new vehicle started selling at 529,000 CNY or $77,000, with the most premium one selling for 658k or $96,000.<\/p>\n

The company has also started selling L80, the flagship brand of its ONVO brand that starts at $35,000. <\/p>\n

All this is happening at a time when the company has started being profitable<\/a>. It made a $40 million profit in the fourth quarter of last year, and the management believes that the trend will continue in the foreseeable future.<\/p>\n

The company\u2019s sales jumped by 75% in the fourth quarter, with analysts expecting the upcoming results to show that its revenue rose by 109% to CNY 25.2 billion. For the year, the annual revenue will be CNY 130 billion, up by nearly 50%.<\/p>\n

Additionally, the ongoing Iran war has pushed fuel prices higher, which will lead to more demand for electric vehicles in China and other markets.<\/p>\n

The post Nio stock price has slipped this month: here\u2019s why it may rebound soon<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Nio stock price has pulled back in the past few days, mirroring the performance of other Chinese electric vehicles. It was trading at $5.90 on Tuesday, down substantially from the year-to-date high of $7.01. Still, the stock is showing some bullish signals, which may lead to a strong comeback in the near term.Nio stock price…<\/p>\n","protected":false},"author":1,"featured_media":4746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4745"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4746"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}