Trade Signal: 39 Week Relative Strength Moving Average versus SPDR ETF (SPY)
Today NIO Inc. (NIO) stock rallies on earnings, as it has been trading significantly below The SPDR ETF (SPY) on a relative strength comparison. The downward trend signal cross from above to below occurred on the week of July 9th. See stock chart bellow:
| NIO (NIO) relative to SPDR (SPY) |
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