Trading Signals: LI Stock Price Prediction and Forecast (Fri. Jul. 31, 2020 - Wed. Sep. 27, 2023)(Li Auto Inc.)
| LI latest price $39.2850 (1.17%) ($39.2850 - $39.4000) on Fri. Aug. 25, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.99% (three month average) | RSI | 25 | Latest Price | $39.2850(1.17%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | LI advances 0.2% a day on average for past five trading days. | Weekly Trend | LI declines -4.2% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support LI advance at 0% a week (0% probability) MCHI(65%) EWG(63%) GDXJ(63%) IDRV(63%) KWEB(63%) | Factors Impacting LI price | LI will decline at least -1.495% in a week (0% probabilities). TBT(-41%) UUP(-40%) VIXM(-34%) VXX(-27%) URA(-13%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.495% (StdDev 2.99%) | Hourly BBV | 1.9 () | Intraday Trend | 0% | | | |
|
Resistance Level | $41.61 | 5 Day Moving Average | $39.21(0.19%) | 10 Day Moving Average | $39.64(-0.9%) | 20 Day Moving Average | $41.61(-5.59%) | To recent high | -15.8% | To recent low | 39.4% | Market Cap | $26.227b | | | | Li Auto, Inc. designs, develops, manufactures and sells premium smart electric SUVs energy vehicle. It provides safe, convenient, and cost-effective mobility solutions to families. The firm model includes Li ONE & EREV. Its passenger vehicle market categorized into sedan, SUV, and MPV segments. The company was founded by Xiang Li , Yanan Shen, Tie Li , Donghui Ma in April 2015 and is headquartered in Beijing, China. |