Li Auto Surges Past 200-Day Moving Average, Signaling Bullish Trend

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Li Auto Surges Past 200-Day Average, Showcases Strong Market Position

Stock Climbs to $26.99, Up 4.6% for the Day

On Tuesday, Li Auto Inc (Symbol: LI) saw its shares break above the 200-day moving average of $25.71, reaching a peak of $26.99 per share. Currently, the stock is trading up approximately 4.6% for the day. The accompanying chart illustrates LI’s performance over the past year, positioning it against its 200-day moving average:

Li Auto Inc 200 Day Moving Average Chart

Analyzing the chart, LI’s shares hit a low of $17.44 per share in the past 52 weeks, while the high reached $46.44. The most recent trade settled at $26.35.

Click here to see which 9 stocks have also crossed their 200-day moving averages recently »

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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.

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