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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (NYSE:DQ)
Crossroads (-60) - DQ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for DQ.
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 DQ
The long-term trend has been UP since Mar 8th, 2024 at 27.660
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 25.470
The short-term trend has been DOWN since Apr 29th, 2024 at 23.245
Smart Scan Analysis for DQ
Based on our trend formula, DQ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.610 | 18.960 | 17.980 | 18.565 | -0.195 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.580 | 1142646 | 2024-05-08 15:59:42 |
| Year High | 72.5 | Year High Date | 2018-01-16 |
| Year Low | 20.3505 | Year Low Date | 2018-11-13 |
| 52wk High | 44.08 | 52wk High Date | 2023-05-12 |
| 52wk Low | 17.3 | 52wk Low Date | 2024-02-05 |
| Year End Close | 7.96 | Average Volume | 907,502 |
| Shares Outstanding | 1,737,095 | Short Interest | 112,623 |
| % Institutional | 1.5 | Market Cap | 656M |
| Assets | 724,783,300M | Liabilities | 253,144,300M |
| P/E Ratio | 2.1524 | Beta | 2.84 |
| Volatility | 92.21 |