RY 132.725 0.6178% TD 80.87 0.6848% SHOP 101.81 -0.2645% CNR 176.79 1.446% ENB 47.115 0.2874% CP 115.81 0.4162% BMO 128.39 0.8166% TRI 213.8 0.8966% CNQ 89.62 1.9568% BN 55.37 2.613% ATD 86.4 2.0553% CSU 3732.3201 1.8791% BNS 64.09 0.2973% CM 63.17 0.9912% SU 45.295 -0.1213% TRP 53.81 -0.0186% NGT 41.83 -7.2506% WCN 230.18 1.8811% MFC 32.78 1.1416% BCE 50.78 -0.8203%

blue-chip

One NYSE – Listed Automobile Stock at Resistance Levels: Xpeng Inc

Oct 31, 2023 | Team Kalkine
One NYSE – Listed Automobile Stock at Resistance Levels: Xpeng Inc

Xpeng Inc

Company Overview: Xpeng Inc (NYSE: XPEV) is a China-based company engaged in design, development, production, and sales of smart electric vehicles (Smart EV). The Company's primary products are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7).

As per our previous US Daily report published on ‘XPEV’ on 23rd October 2023, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 13.88 based on price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis and the stock price has now moved by ~6.41% since then and the price is close to resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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