Li Auto, Inc. (LI) designs, develops, manufactures and sells premium smart electric SUVs. Also known as Li Xiang, this Chinese company is headquartered in Beijing, with manufacturing facilities in Changzhou. Keeping that in mind let's check on the condition of the charts and indicators.
In this daily bar chart of LI, below, we can see a weak picture. The shares are trading below the declining 50-day and the declining 200-day moving average line.
The daily On-Balance-Volume (OBV) line is weakening as traders are more active on down days. The Moving Average Convergence Divergence (MACD) oscillator is bearish.