Is XPEV making a move higher ? LONGXPEV on the 2H chart had a summer peak with the announcement of the collaboration with
VW which then ran into quicksand. Price fell down to the support and demand zone and
now appears to be rising despite a miss on the earnings report. It seems that with the
US markets in quagmire, some investors and traders are diversifying offshore. XPEV, NIO, BABA
and BIDU may be benefiting. XPEC seems to have a good RS profile with the lower time frame
above the higher time frame and both of the above the 50 level. I will look for a long swing
trade entry on the 15-30 minute time frames targeting a price of 22 for a 25% return
Trade ideas
XPEVXPEV a few weeks back had the hype and excitement of the VW deal marked on the 1H chart
as a head and shoulders from which it has falled onto a thick support and demand zone
at the present. The ZL MACD indicator shows a line cross under the histogram which has
went red to green. On the dual TF RS indicator the greenlower TF has crossed above the
black higher TF and they are both rising reflecting two green candles marking a reversal.
I will get in this long trade early an plan to get 16-18% out of it.
XPeng is the future of CarsXPeng is one of the biggest Electric Car Brands in China. The Chinese Government announced that it wants to support Clean Energy and Electric Cars. Also Volkswagen published a Cooperation with XPeng to produce Cars together. This is a Sign, that the European Car Producers know that China is ahead of them. XPeng has low Production Costs and a Quality that is getting as good as in Europe. However, their last Quarter Results were negative and the Quarter Results that will be published on August 18th will probably be negative , too. The Stock has risen 200% in one Month and is overbought . Since June XPeng is in a Rising Broadening Wedge that might breaks out to the Downside , because this Pattern is bearish and the Stock is way to overbought. The Target of the Pattern is 8 Dollars, but I think 10-12 Dollars are more realistic. I will update you when a Breakout happens!
Have nice Day!
XPEV: Time to big moveHi all. My English has not improved, so I will apologize every time =)
So, today we will analyze the company XPENG.
The instrument has been in the consolidation stage for a long time, which gives us complete confidence in a good upward momentum. Now we should test the $12 area and go higher. The potential is huge, I would like to see a price in the region of $24-26.
Good luck and don't forget to subscribe✅ This investment idea is not a recommendation for action.
See you later =)
Want to get your hand on EV stocks in China ?Read the latest articles here , here and here
The weekly chart shows all 3 EV companies have broke out of its weekly bearish trend with Li Auto reaching its previous peak yesterday.
The EV market dominated by China is one of the pillar that it wants to focus in the coming decades as evidenced by the extension of the NEV tax reduction (read here )
If you are not keen on buying auto companies, there are downstream players in the supply chain that you can consider , such as battery manufacturers or raw material suppliers (see here )
Please DYODD and make your own informed investing decision. All the best !
$XPEV - Game Plan July 31st NYSE:XPEV - Game Plan July 31st
Xpeng's stock performance and forecast:
On Friday, July 28th, 2023, Xpeng's stock price rose by 15.68%, from $20.22 to $23.39, with fluctuations between $21.45 and $23.62.
The stock has gained for 3 consecutive days and is up by 66.83% over the past 2 weeks. Volume has increased along with the price, which is considered a positive technical sign, with 59 million shares traded for approximately $1.37 billion.
The short-term trend indicates a strong rising trend, and further rise is indicated.
Xpeng stock holds buy signals from both short and long-term Moving Averages, as well as a buy signal from the 3-month Moving Average Convergence Divergence (MACD).
Support levels are found just below the current price at $20.22 and $19.46, but breaking these levels may lead to a significant drop in the stock price.
The stock is extremely overbought on the RSI14 (84), but due to the trend break-up, the chance of a major correction due to high RSI is considered small.
For the upcoming trading day on Monday, July 31st, Xpeng Inc is expected to open at $22.82 and could move between $21.90 and $24.88.
Despite several positive signals, Xpeng Inc is not considered a strong buy candidate at the current level and is suggested to be a hold/accumulate candidate, awaiting further development.
$XPEV Betting On TechnologyAfter receiving an investment from leading car manufacturer Volkswagen AG (OTC: VLKAF), XPeng Inc. (NASDAQ: XPEV) has become one of the hottest EV stocks in the market at the moment. Through this deal, the company’s cash balance will be boosted substantially which could allow it to further develop its ongoing projects – including the development of a new MPV. Moreover, this deal could aid XPEV’s plans to expand its presence in Europe by utilizing Volkswagen’s distribution network. Given the benefits of this investment for the company, the XPEV stock forecast might be bullish for the long term.
XPEV Fundamentals
Volkswagen recently invested $700 million in XPEV for a 4.99% stake in the Chinese EV manufacturer. This investment is part of a joint plan to manufacture two midsized SUVs inspired by XPEV’s G9 crossover SUV. These SUVs will be sold in China under the Volkswagen brand and production is expected to start in 2026. This could prove to be extremely beneficial for XPEV’s sales and profitability prospects since the company will start receiving “technology service revenue” from Volkswagen starting next year.
In addition to receiving revenue from this deal, XPEV’s cash balance will drastically increase from $1.2 billion as last reported in Q1 2023 to nearly $2 billion. In this way, the company would be able to improve its production capabilities since it is currently developing a new MPV in addition to plans to launch facelifted versions of its P7, G3, and P5 models. Based on this, the XPEV stock forecast could be bright for 2023 as the newly released versions may boost the company’s sales this year.
Another benefit of Volkswagen’s investment in the company is that XPEV may utilize Volkswagen’s resources including its relationship with European distribution centers. Expanding in Europe has always been a target of the company and it is currently available in Nordic countries in Europe. That said, the company now may be able to enter more lucrative markets like Germany for example which would substantially boost sales given the impressive technology the company’s vehicles boast. Since this investment appears to be a turning point for the company, the XPEV stock forecast appears to be bullish in 2023 and beyond which could see the stock continue climbing over the coming months.
Technical Analysis
XPEV Stock is in a neutral trend as it recently entered a sideways channel between $19.93 and $25. Looking at the indicators, the stock is above the 200, 50, and 21 MAs which is a bullish indication. Meanwhile, the RSI is overbought at 82 and the MACD is approaching a bearish crossover.
As for the fundamentals, the recent $700 million investment from Volkswagen is a major catalyst for the stock since it might help the company expand its presence throughout Europe which would lead to drastic revenue growth.
Meanwhile, XPEV has an upcoming catalyst in its Q2 earnings set to be released on August 23 which could send the stock running if the company shows improvement in its bottom line results. With the RSI overbought and with 2 gaps near $20.3 and $15.6, investors could wait for the stock to cool down and consolidate before entering a long position ahead of the company’s Q2 earnings.
XPEV Forecast
With the recent investment it received from Volkswagen, the XPEV stock forecast appears to be bright for the long term given the benefits it is set to receive from this deal. The first significant advantage of this investment is the $700 million the company will receive in exchange for a 4.99% stake in it. Through these funds, the company would be able to further develop its ongoing projects including the development of a new MPV and launching facelifted versions of its P7, G3, and P5 models.
Another advantage is that the deal will boost the company’s sales starting next year as it is set to receive technology service revenue from Volkswagen. In this way, the company may inch closer to profitability due to this new revenue stream. Meanwhile, the most important benefit of this deal is that it might allow the company to expand its presence in Europe and enter lucrative markets like Germany by utilizing Volkswagen’s distribution network. For these reasons, XPEV stock could continue its run until its Q2 earnings in late August given the bullish sentiment surrounding the deal.
XPEV collaborating with VW = China EV on fire !XPEV is trending up. It is Chinese in the biggest EV market on the planet.
No import duties. Low-interest rates on debt and consumer auto loans here
as the government is doing the opposite as the US fed. Now the collaboration
with VW which has legacy excellence in manufacturing with XPEV whose
forte may be technology and autonomous driving innovation. On the 2H
chart, the stock price jumped fast and hard on the news catalyst. The
MACD launched signals over the histogram and the Volume Price Trend
screamed higher. This all spells momentum. While there is a risk of a downfall
reversal and drop as they saying goes make hay while the sun shines.
There may be shadows of short selling squeezing here. Time will tell. For
sure being late to the party is sometimes a waste of time. The real show
will be watching XPEV/ VW competing with both NIO and TSLA in China.
To the victor goes the spoils. Hold on as the ride will have some bumps.
XPEV, LONG TERM UPSIDE SHIFT HAS BEGUN!XPEV is registering massive net buying this past few weeks with positive volume surging +180% -- from an average of 15M to a whopping 42M. This conveys that buyers are definitely back in the scene -- in anticipation of the company's turn around in terms of fundamental and technical aspect.
On monthly data, Histogram has recorded it's first shifting lines after exactly 2 long years. Last one it did was on June 2021. This doesn't come very often so a definite trend shift has started to materialize.
Bubble up volume (bottom indicator) has become more frequent with two appearances this year, one in April and other one this month. Before this it took a year for these to appear. Interest on the stock is back and expect upside price valuation in the next coming days, weeks.
Monthly price shift has started -- and with more weight into it based on price upside volatility.
Spotted at 13.0
TAYOR
Safeguard capital always.
$XPEV Betting On TechnologyAs it looks to compete with Tesla, Inc. (NASDAQ: TSLA) in the competitive Chinese EV market, XPeng Inc. (NYSE: XPEV) appears to be in an excellent position to gain more market share thanks to its new EV – G6 – whose deliveries will begin this quarter. With specifications and software rivaling the Tesla Model Y, XPEV is well-positioned to grow its revenues substantially this year – making the XPEV stock forecast extremely bright in 2023.
XPEV Fundamentals
Rivaling Tesla
In April, XPEV revealed its new EV G6 SUV coupe (G6) which is notable since it could be considered a TSLA Model Y competitor. Both EVs’ dimensions are nearly identical with a difference of only a few millimeters. Additionally, G6 has 292 horsepower making it more powerful than the model Y SR, but slightly less powerful than the model Y SR+. With these similarities in mind, the G6 model could provide XPEV with substantial revenues due to its status as a cheaper model Y alternative.
As things stand a standard model Y costs around $41 thousand, while G6 costs around $31 thousand. This disparity in price provides the G6 model with a clear market advantage over model Y which can be seen in the G6 recording more than 25 thousand preorders within 72 hours of reservations opening.
Another advantage the G6 has over the TSLA model Y is range. Model Y boasts an estimated range of 330 miles, while the G6 has a significantly longer range of nearly 469 miles. Given its features, the G6 could prove to be a major competitor to Model Y which could allow XPEV to gain market share in China.
Not only the G6 would be a strong competitor to Model Y in China, but it could also be a competitor in the European market as there are a few hints in the standard of G6’s construction that indicate that it might be sold outside of China. The first and most notable hint is its rigidity, which allows it to meet the highest safety standard in Europe and North America. The second is that its chassis was tuned by a German professional team which indicates that the G6 was designed to compete with EVs in outside markets.
Self Driving
As things stand XPEV is poised to gain another major advantage over TSLA due to the fact that it is currently monopolizing autonomous driving in China. Recently, some of XPEV’s vehicles gained access to XPEV’s new X NGP navigational software through a wireless update. This feature is available for some P7s, P5s, and G9s which may increase the sales of these models since X NGP is the only Chinese semi-autonomous driving system with approval from Beijing’s transport authorities.
By expanding its autonomous driving capabilities into Bejing, XPEV’s X NGP is now available in Guangzhou, Shenzhen, Shanghai, and Beijing, with plans to expand it to dozens of cities within this year. Based on this, XPEV appears to be on the right track to deliver on its plan to make all of its autonomous driving functions available to drivers across China by 2024. Given that Tesla’s FSD software is not approved in any Chinese province, XPEV has a major edge over the EV giant as it can effectively control the autonomous driving market in China.
XPEV Financials
According to its latest Q1 report, XPEV’s $9.8 billion in assets – $1.2 billion of which are in its cash balance. On the other hand, XPEV has $4.8 billion in liabilities. In terms of revenues, XPEV reported $587.3 million in Q1. However, the company only reported a gross profit of $9.7 million due to its cost of revenues standing at a staggering $577.5 million. At the same time, XPEV reported $390.5 million in operating costs. In this way, XPEV operated at a net loss of $340.2 million.
Technical Analysis
XPEV stock is in a neutral trend and is trading in a sideways channel between its support at $8.85 and its resistance at $11.69. Looking at the indicators, the stock is trading above the 200, 50, and 21 MAs which are bullish indications. Meanwhile, the RSI is neutral at 63 and the MACD recently turned bearish.
As for the fundamentals, XPEV stock just unveiled its G6 model, which is a TSLA model Y competitor, and its X NGP navigational software was recently approved in Bejing which makes it available in 4 Chinese provinces. Given these significant feats, XPEV could be on track to realize substantial revenues in Q3 which could reflect on the XPEV stock price.
XPEV Forecast
As is, XPEV stock is poised to reach new heights as a result of a couple of developments. The first was the unveiling of the G6 EV which is set to become a competitor for TSLA’s model Y. The latter development X NGP’s approval in Bejing which makes it available for use in 4 Chinese provinces. Since Tesla’s FSD software is yet to be approved in any province, XPEV holds a major competitive edge against the EV giant in the Chinese market which could add to its market share – leading to greater revenues in the coming quarters. Thanks to these two impressive feats, the XPEV stock forecast could be extremely bullish in 2023 and beyond.
XPEV XPeng Options Ahead Of EarningsIf you haven`t bought XPEV here:
Then Analyzing the options chain of XPEV XPeng prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $0.68
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
XPeng negative picture could still be attractive to investorsXPeng Inc. (symbol ‘XPEV’) share price has been trading in a slight bearish momentum for the last 3 months without any signs of bullish reversal. The company’s earnings report for the fiscal quarter ending December 2022 is set to be released on Friday 17th of March, before market open. The consensus EPS for Q4 is $-0,05 compared to Q4 2022’s $-0,24.
‘The share is trading at its all time low since the day of joining the New York Stock Exchange in September of 2020 after losing more than 80% of its valuation in 2022. The profit and loss statement is not looking good with the company recording net losses for the last 4 years and resulting in negative P/E and PEG ratios. The company’s share is undervalued by more than 45% which despite the negative financials it might still be considered an attractive investment option for long term investors since it has the potential to grow and possibly reach its all time high of more than $70 in 2020.’ said Antreas Themistokleous at Exness. ‘Xpeng (XPEV) will join the Hang Seng TECH Index, according to the company on March 7. The company is also expected to join the Hang Seng China Enterprises Index by mid-month, replacing China Feihe.’
From the technical analysis perspective the price has been trading in a declining trading channel in the last 3 months and is currently between the 50 and 100 moving averages , also known as “dynamic area”. The $10 area is a strong resistance since it consists of the 50% of the Fibonacci , the 50 day moving average and also the psychological resistance of the round number.
A continuation to the downside could find some support around $$8,90 which is the 61.8% of the Fibonacci and also an inside support area since late January.






















