And it’s a weak support and if it fails, $4.30 is next. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any nasdaq XPEV errors or delays in the content, or for any actions taken in reliance thereon. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
- Xpeng stock rocketed to an all-time high of 74.49 intraday on Nov. 24, but dropped nearly 42% intraday on Dec. 10, according to MarketSmith chart analysis.
- Xpeng got a boost recently when founder He Xiaopeng bought 2.2 million of the company’s American Depository Receipts at $13.28.
- As a result, nearly 23,000 people have reserved the upcoming SUV in the first 24 hours.
- As shown on the 30-minute chart, exponential moving averages are falling and converging in the narrow area where VWAP is trending.
And the conventional wisdom of past generations is just that- conventional. Good Money is dedicated to demystifying personal finance for the modern leader, helping them prepare for a better future. Data are provided ‚as is‘ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Information is provided ‚as-is‘ and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. Xpeng stock price today was originally listed at a price of $21.22 in Aug 27, 2020.
XPeng Inc. ADR
No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest https://dotbig.com/ to purchase securities involves no obligation or commitment of any kind. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing,…
You can find your newly purchased Forex in your portfolio—alongside the rest of your stocks, ETFs, crypto, and alternative assets. Discuss news and analysts‘ price predictions with the investor community. The company will deliver 100 of its G3 vehicles to buyers in Norway, marking the first time it’s directly delivering to individuals in Europe.
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We also learned the G9 would feature XPeng’s ultra-advanced X-PILOT 4.0 ADAS capable of full-scenario-assisted driving through its Navigation Guided Pilot . While we learned a lot about the G9, we didn’t get any details of its interior design, nor any inclination Forex of estimated range or delivery timelines. Following rumors circulating in late 2021 about what XPeng’s next EV offering would be, the automaker officially announced the G9 – an all-electric SUV that could charge 200 km of range in just 5 minutes.
All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. While the domestic Chinese market remains Xpeng’s primary customer base, Norway represents company’s first step into Europe, with plans for other markets in development. Xpeng is also planning to launch its second production https://dotbig.com/markets/stocks/XPEV/ model, the P7 electric sports sedan, in Europe within the next 12 months. Namely, the firm’s X2 completed its first global public flight on October 10 in Dubai, United Emirates. The flying car was built by XPeng Aeroht, the largest flying car company in Asia and an affiliate of XPeng. WT_LB and CM_Williams_Vix_Fix indicate potential oversold position.
XPEV chart and analysis
However, he lowered the stock’s price target from $92 to $67. The Stock Connect programs are a unique collaboration between the Hong Kong, Shanghai and Shenzhen stock exchanges. The Stock Connects allow international and mainland Chinese investors to trade securities in each other’s markets through the trading and clearing facilities of the participating exchanges. The Stock Connects established https://www.cnbc.com/money-in-motion/ a two-way trading link between stock exchanges in mainland China and Hong Kong. The Stock Connects allow qualified mainland China investors to access eligible Hong Kong shares as well as Hong Kong and overseas investors to trade eligible A shares , subject to specified daily quotas. We sell different types of products and services to both investment professionals and individual investors.
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We’d like to share more about how we work and what drives our day-to-day business. Chinese EV stocks Li Auto, Nio, and XPeng make a comeback. Robinhood gives you the tools you need to put your money in motion. You can buy or sell XPeng and other ETFs, options, and stocks. The company also guided for dotbig a significant drop in capex next year (from Rmb4-4.5 billion to Rmb3 billion), which taking into account the company’s “rich cash position” , is greeted enthusiastically by Lai. For Q4, the company expects between 20,000 and 21,000 deliveries, a year-over-year drop in the range of 49.7% to 52.1%.
Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Xpeng’s market cap is calculated by multiplying XPEV’s current stock price of $11.45 by XPEV’s total outstanding shares of 1,718,162,864. The company’s own guidance for the quarter forecasts revenue of RMB7.2bn–7.3bn, implying a https://dotbig.com/ year-over-year increase of around 144%. Deutsche Bank forecasts revenue of RMB7.41bn and an adjusted earnings per share loss of RMB2.33, while analysts polled by Bloomberg predicted revenue of RMB7.37bn and a RMB1.9 loss per share. It’s down 9% since trading opened on Sept. 29, opening at about $12.50 per share, a market capitalization of about $10.5 billion.
At lower time frames a „Golden Cross pattern“ A stop loss can be set under the double or triple bottom with a target being the 1/2 of the way Xpeng stock price to swing high about 10%… I thought 15.40ish area would provide a good support but it provided a day of relief that traps a lot of bulls.
More News & Analysis on XPEV
Meanwhile, by 2024 it intends to mass produce its much-touted ‘flying cars’. Its earnings might have been trending negatively, but investors remain bullish. It also reported quarterly deliveries of 41,751 vehicles, a better-than-expected rise of 222% on the 12,964 delivered in the same period https://dotbig.com/markets/stocks/XPEV/ in 2020. Around half were its P7 smart sports sedan, seen as a rival to Tesla’s key Model 3. “We are pleased to be included in the Stock Connect programs, which enable qualified Mainland Chinese investors to have direct access to our shares through the Stock Exchanges in the Mainland.
The earnings update comes at an interesting time for US-listed Chinese stocks. Dalmore and Apex Crypto, LLC are not affiliated with any of the Public Holdings subsidiaries. Keep in mind that other dotbig fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account.