XPEV

XPeng Inc. American depositary shares, each representing two Class A

NYSE · Common stock

9.23

−0.40 (−4.15%)

Close, Oct 16, 2026

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Structural summary

What is the structure, what changed, and what would invalidate it

Viridia Intelligence

Context across dimensions, not a rating

StructureLower highs, lower lowsIntermediate-degree swings on the daily chart.

WaveConstructiveZigzag complete, next move up (Pattern Confidence 70); the weekly count points the other way.

FibonacciAt a zoneNearest confluence 9.09–9.1 (2 relationships), −1.4% from the close.

MomentumWeak3 months −30.0% (behind SPY by 32.9 points); 6 months −49.0%.

RegimeDowntrend−13.6% vs the 50-day average, −38.6% vs the 200-day.

RiskNear a key level20-day volatility 35% vs 53% over the year; 1-year drawdown −67.1%; beta 1.46; price within 3% of the count's reassess level.

XPEV setup history

Current structure

Price, swings and the preferred count on the chart

XPEV · 1DLoading bars…

SourceMassive, end of dayUpdated—MethodDaily bars, split-adjusted

Candidate interpretations

Every count shown passes every hard rule

Candidate interpretations

Ranked by Pattern Confidence

Counts ending at the latest intermediate swing low, 9.18 on Oct 2, 2026. 234 labelings tested, 137 broke a hard rule, 12+ remain.

Hard-rule evidence: why 137 labelings were eliminated

54Wave 2 always retraces less than 100% of wave 1
27Contracting triangle: C ends short of A's end, D short of B's end, and E short of C's end
15Wave 3 is never the shortest of waves 1, 3 and 5 (satisfied on either a price or a percentage basis)
12Wave B retraces at least 90% of wave A
9Wave 3 always travels beyond the end of wave 1
8Contracting diagonal: wave 3 is shorter than wave 1, wave 5 shorter than wave 3, and wave 4 shorter than wave 2

Method Every chain of 3–6 alternating pivots ending at the latest confirmed pivot is tested as each pattern; only counts with zero hard-rule failures are kept, then ranked by Pattern Confidence. Rules: rulebook.Engine pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1, bars to Oct 16, 2026

Fibonacci map

Confluence zones above and below the closeClose 9.23

9.23close

Bar length is the zone's strength (a weighted count of relationships, not a probability). Select a zone to see what forms it.

9.09 – 9.10−1.4% from the close

2 relationships · strength 1.6 · Minor degree

9.10RetracementMove after the correction retraces 61.8% of A–C · Minor · Viridia
9.09ProjectionWave C = 61.8% of wave A · Minor · Essentials · secondary ratio

Method Targets come from the Fibonacci relationships the sources describe for the wave in progress, Elliott trend channels, the prior fourth wave of lesser degree, and 38.2–78.6% retracements of the latest swing. A zone is where two or more independent relationships fall within max(¼ ATR, 0.4%) of each other; strength counts them, weighting primary ratios and higher degrees. It is not a probability.

Evidence

The setup the preferred count implies, and how that kind of setup has done

Setup

Intermediate degree · from the preferred count

The intermediate-degree scenario was held back

Its levels didn't pass Viridia's checks: invalidation inside daily noise; target over 100% or 25 ATR away; reward/risk outside 1–10. It's listed for review instead of shown.

NoteResearch scenario generated from Viridia's structural model. Not a recommendation.MethodA setup restates the preferred count as a trade: the entry (the close, or the level where the correction in progress most often ends), the stop where the count is wrong (a rule level, or the end of a finished pattern), and the count's own Fibonacci target. Reward:risk is measured from the middle of the entry range. A setup needs reward:risk of at least 1 : 1. It is research output from the wave count, not a recommendation or a forecast.

Engine details

Analysis engine: pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1
Bars analysed to: Oct 16, 2026
Price history: Automatic, updated nightly
Daily bars: 514 since Sep 30, 2024
Avg volume, 50 days: 7.12M
Dollar volume, 20 days: $64.5M
SEC CIK: 0001810997
Provider symbols: nasdaqtrader: XPEV · massive: XPEV
Listing changes: None since Sep 24, 2026

SourcePrices: Massive (end of day, split-adjusted). Listings: Nasdaq Trader, SECUpdatedOct 20, 2026, 8:00 AM EDTMethodSecurity master, daily snapshot diff

7 resolved: 0 reached target first, average −0.68R (small sample)Latest: 07-06 bullish Correction complete → invalidated · 05-28 bullish Correction complete → invalidated · 04-22 bullish Wave C under way → invalidated · 03-24 bearish Wave C under way → expired

MethodStructure: the intermediate-degree swing structure (higher highs and lows, lower highs and lows, expanding or contracting). Wave: the preferred daily wave count's expected direction (constructive up, defensive down), unresolved when the alternate is within 5 points. Fibonacci: the nearest confluence zone of Fibonacci relationships and the distance to it (inside, or within 3%, counts as at a zone). Regime: price against its 50- and 200-day averages. Momentum: 3-month return and its lead over SPY (strong when both are positive and the lead is over 5 points; weak when both are negative). Risk: 20-day volatility against the 1-year level (elevated above 1.25×), and the 1-year drawdown and beta to SPY.

Structure at a glance

Daily chart, as of Oct 16, 2026

Since the count's last pivot (9.18, Oct 2, 2026) price has moved +0.5%, the way the count expects.12 of 12 rule-valid counts expect the current move to be up.Weekly count: zigzag wave C ↓, opposite direction

Preferred count

Zigzag down · complete, next move up ↑

A three-wave zigzag correction down looks complete, so the larger trend would normally resume up.

A-B-C from 28.24, Nov 11, 2025

Pattern Confidence70High

5 of 6 checks met

Key levels, preferred count

Reassess−0.5% from close

9.18

The pattern ended here. A move below it means its last wave is still going, so the pattern isn't complete.

Target, next move+127.0% from close

20.96

Move after the correction retraces 61.8% of A–C

Nearest confluence zone−1.4% from close

9.09–9.10

2 Fibonacci relationships meet here.

Alternate count

Ending diagonal down · wave 4 ↑

Price is in wave 4 of a five-wave decline (ending diagonal).

1-2-3 from 28.24, Nov 11, 2025

Pattern Confidence60Medium

1 of 1 checks met

Why this count is preferred · 5 met, 1 not met

Met

Wave B retraces 38.2% to 85.4% of wave A
Wave B retraces under 90% of wave A (deeper B waves fit a flat better)
Wave C travels beyond the end of wave A (a failure is a truncation)
Wave C equals 61.8%, 100% or 123.6% of wave A
The count starts at the price extreme of the prior swing (a new trend begins where the old one ended)

Not met

Alternate waves are related by a Fibonacci ratio within 5% (wave 5 to wave 1, C to A, or triangle legs at 61.8%), the more reliable kind of relationship

MethodPattern Confidence = (guidelines met + 2) ÷ (guidelines measured + 4), from the rulebook's guidelines, Fibonacci tendencies and wave-personality checks (wave 3 speed and volume, wave 5 volume, alternation in time, a start at the prior extreme), alternate waves in Fibonacci ratio, and the rarity of running flats. The alternate is the best-ranked count that tells a different story. It ranks the rule-valid counts against each other; it is not a probability of any outcome.

What changed

Structural events, most recent first

Oct 16, 2026New Fib zoneA new Fibonacci confluence zone formed near 8.77.
Oct 12, 2026New Fib zoneA new Fibonacci confluence zone formed near 9.33.
Oct 9, 2026New leading countNew leading count: Zigzag complete ↑ (confidence 70).
Oct 9, 2026Count droppedZigzag wC ↓ is no longer among the leading counts; now Zigzag complete ↑.
Oct 9, 2026Daily/weekly alignmentDaily (up) and weekly (down) counts no longer agree.
Oct 9, 2026Swing confirmedA new intermediate swing low was confirmed.
Oct 9, 2026New Fib zoneA new Fibonacci confluence zone formed near 10.24.
Oct 6, 2026New Fib zoneA new Fibonacci confluence zone formed near 10.02.
Oct 5, 2026New Fib zoneA new Fibonacci confluence zone formed near 8.96.
Oct 1, 2026New Fib zoneA new Fibonacci confluence zone formed near 9.14.

Last swing high

14.46

Jul 16, 2026

Last swing low

9.18

Oct 2, 2026

Elliott Wave

Wave counts are built on these swings and each one passes every rule in the rulebook. They are ranked by how many guidelines they satisfy; the preferred and alternate counts are summarized above the chart.

MethodPrice versus its 50- and 200-day averages: above both with the 50 above the 200 is an uptrend, below both with the 50 below the 200 is a downtrend, anything else is mixed. Swings: adaptive ZigZag on daily bars, pivots-1.0.0+rules-1.0.0+candidates-1.0.0+fib-1.0.1+rank-1.1.0+setup-1.0.1.