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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares) (NYSE:DDL)
Long-Term Uptrend (+90) - DDL is in a strong uptrend that is likely to continue. While DDL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DDL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DDL
The long-term trend has been UP since May 3rd, 2024 at 1.57
The intermediate-term trend has been UP since May 1st, 2024 at 1.40
The short-term trend has been UP since Apr 23rd, 2024 at 1.20
Smart Scan Analysis for DDL
Based on our trend formula, DDL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.67 | 1.78 | 1.66 | 1.66 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.67 | 500021 | 2024-05-08 15:59:36 |
| 52wk High | 4.08 | 52wk High Date | 2023-05-11 |
| 52wk Low | 1.065 | 52wk Low Date | 2024-01-17 |
| Average Volume | 278,581 | Assets | 769,855,600M |
| Liabilities | 731,602,200M | P/E Ratio | 0.9811 |