InvestorsObserver
×
News Home

Electric Vehicle Watch: Niu Technologies - ADR (NIU) Is Bullish And Falling Friday

Friday, August 26, 2022 10:42 AM | InvestorsObserver Analysts

Mentioned in this article

Electric Vehicle Watch: Niu Technologies - ADR (NIU) Is Bullish And Falling Friday

NIU, a player in the electric vehicle market, is lower by 2.82% Friday as it underperforms the market. Overall market sentiment has been high on Niu Technologies - ADR (NIU) stock lately. NIU receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Niu Technologies - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NIU!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With NIU Stock Today?

Niu Technologies - ADR (NIU) stock is trading at $6.20 as of 10:42 AM on Friday, Aug 26, a decline of -$0.18, or -2.82% from the previous closing price of $6.38. The stock has traded between $6.16 and $6.67 so far today. Volume today is light. So far 278,871 shares have traded compared to average volume of 598,250 shares.

More About Niu Technologies - ADR

Niu Technologies designs, manufactures and sells high-performance smart e-scooters. The company has build smart e-scooters based on advanced and innovative technologies, including smart technologies, powertrain, and battery technologies and automotive-inspired functionalities. It offers N, M, and U series e-scooters with various models or specifications under the NIU brand name. The Group's principal operations and geographic markets are mainly in the People's Republic of China. Click Here to get the full Stock Report for Niu Technologies - ADR stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App