BEST STOCKS TO BUY TODAY: LI @03/28/2023
| Ticker | LI, Li Auto Inc. | Note |
| Last Price | 24.75 | |
| Buy | 24.75 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 27.23 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 22.75 | |
| Reward/Risk | 1.23 : 1 |
Above is the summary of one of our Best Stocks To buy.
More Technical Status
| ATR | 1.12 | |
| Beta | – | |
| RSI(14) | 59.07 | |
| SMA20 | 7.06% | Distance to SMA20 |
| SMA50 | 4.23% | Distance to SMA50 |
| Recommendation | 1.70 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. LI is one of them. Let’s take a look at this stock’s chart.
LI made a clear break up the long term down trend line with decent volume. There is a lot of upside ahead for LI and near term target is $30.
More info about stock ticker LI
LI is the ticker symbol for Li Auto Inc., a Chinese electric vehicle (EV) manufacturer. Here are some key facts and figures about the company and its stock:
- Li Auto was founded in 2015 and is headquartered in Beijing, China.
- The company’s primary product is the Li ONE, a six-seat electric SUV with a range extender that allows it to travel up to 800 kilometers (500 miles) on a single charge.
- Li Auto went public on the Nasdaq Stock Market in July 2020, raising $1.1 billion in its initial public offering (IPO).
- As of March 28, 2023, Li Auto’s stock price is $23.59 per share.
- The company’s market capitalization is approximately $23.8 billion.
- Li Auto’s stock has had a volatile performance since its IPO, with a high of $47.70 in January 2021 and a low of $14.21 in December 2021.
- Li Auto’s financials show that the company has experienced strong revenue growth, but has not yet turned a profit.
- Li Auto faces competition from other Chinese EV manufacturers, such as NIO and XPeng, as well as established global automakers that are investing heavily in EVs, such as Tesla and Volkswagen.
It’s worth noting that investing in individual stocks can be risky, as the stock’s performance can be affected by a wide variety of factors, such as global economic conditions, geopolitical events, and company-specific news and events. It’s important to conduct thorough research and consult with a financial advisor before making any investment decisions.