$NIO Slides 5.5%, Tests $4.86 Support
$NIO Inc.(NIO)$
NIO Slumps -5.45%: Chinese EV Maker Tests Key Support at $4.86 Amid Persistent Headwinds
Latest Close:
NIO closed at $4.86 on Jan 6, 2026, down -5.45%. The stock is now 39.4% below its 52-week high of $8.02.
Core Market Drivers:
The sell-off reflects persistent concerns over fierce competition in China's EV market and the company's ongoing struggle to achieve profitability.
A negative net capital outflow of $21M on the day underscores prevailing selling pressure.
Technical Analysis:
Volume of 74.65M shares was active (Volume Ratio: 1.16).
The RSI(6) at 36.59 is approaching oversold territory, while the MACD remains negative (DIF: -0.155, DEA: -0.215), signaling continued bearish momentum but potential for a short-term technical bounce.
Key Price Levels:
Primary Support: $4.85 (Today's low, critical for trend).
Strong Resistance: $5.00 (Recent technical resistance).
Immediate Pivot: $4.86 (Today's close).
Valuation Perspective:
The stock trades at a P/S (TTM) of 1.16x, which is low relative to some high-growth peers, but justified by its negative profitability (P/E TTM: -3.34).
Analyst Targets:
The Wall Street consensus remains cautiously optimistic. 22 analysts have an average price target of $6.72 (+38% upside), with a rating distribution of 6 Strong Buy, 8 Buy, 12 Hold, and 1 Underperform.
Weekly Outlook:
Expect consolidation and testing of the $4.85-$4.86 support zone.
A decisive break below could target the $4.50-$4.60 range. A successful hold and bounce above $5.00 could signal a near-term recovery towards $5.20-$5.40.
Risk Disclaimer:
This content is for informational purposes only and not financial advice. Trading involves substantial risk. Past performance does not guarantee future results. Conduct your own research before making any investment decisions.
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
