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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Diamond Offshore Drilling, Inc. (NYSE:DO)

Sidelines Mode (+55) - DO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DO?

MarketClub looks at technical strength and momentum to determine if the timing is right for DO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_DO
Open High Low DO Price Change
13.600 13.715 13.410 13.545 -0.215
Entry Signal

MarketClub’s Trade Triangles for DO

long term up The long-term trend has been UP since Apr 1st, 2024 at 13.71

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2024 at 12.53

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 13.71

Smart Scan Analysis for DO

Based on our trend formula, DO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.600 13.715 13.410 13.545 -0.215
Prev. Close Volume Bid Ask Time
13.760 927532 2024-04-16 15:59:27
52wk High17.3252wk High Date2023-09-12
52wk Low10.4452wk Low Date2023-05-03
Average Volume1,385,311Assets171,255,300M
Liabilities106,770,200M
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