Technical Analysis: LI currently trades at $23.38, showing a bullish momentum in recent trading sessions. The RSI(14) at 50.41 indicates a neutral position, neither overbought nor oversold. The MACD at -0.20 suggests slight bearish pressure in the near term.
Fibonacci Analysis:
News Impact:
Price Prediction for Next Week: Based on technical indicators and recent news:
Trading Recommendation: BUY at current levels ($23.38) with:
Rationale:
The price of LI is predicted to go up 15.13%, based on the high correlation periods with FRPH. The similarity of these two price pattern on the periods is 93.18%.
LI
FRPH
Year
LI Price Forecast($)
Potential Return(%)
2025
30.000
34.890
2026
36.000
61.870
2027
39.600
78.060
2028
45.000
102.340
2029
38.000
70.860
2030
50.000
124.820
Li Auto's strong product capacity, targeting family car users and focusing on the mid- to large-size SUV segment, will ensure the success of its future models, including but not limited to extended range electric vehicles, or EREVs.
EREV technology eases consumers' range anxiety on electric cars. Chinese consumers' soaring demand for EV cars will benefit NEV carmakers such as Li Auto.
Younger car buyers value vehicle tech experience, which provides Li Auto with an advantage over legacy carmakers.
Barclays
Price Target
$22 → $31
Upside
+25.76%
Macquarie
Price Target
$25 → $33
Upside
+12.69%
Citigroup
Price Target
$26 → $30
Upside
+15.4%