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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (NYSE:DQ)

Weak Downtrend (-65) - DQ is showing signs of a strengthening downtrend. Monitor DQ as it may be building momentum to the downside.

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.

NYSE_DQ
Open High Low DQ Price Change
22.5900 22.8600 22.0123 22.0900 -0.6200
Entry Signal

MarketClub’s Trade Triangles for DQ

long term up The long-term trend has been UP since Mar 8th, 2024 at 27.66

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 25.47

short term down The short-term trend has been DOWN since Apr 3rd, 2024 at 26.44

Smart Scan Analysis for DQ

Based on our trend formula, DQ is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.5900 22.8600 22.0123 22.0900 -0.6200
Prev. Close Volume Bid Ask Time
22.7100 260027 2024-04-19 15:59:33
Year High72.5Year High Date2018-01-16
Year Low20.3505Year Low Date2018-11-13
52wk High48.3152wk High Date2023-05-01
52wk Low17.352wk Low Date2024-02-05
Year End Close7.96Average Volume1,006,614
Shares Outstanding1,737,095Short Interest112,623
% Institutional1.5Market Cap656M
Assets729,564,100MLiabilities256,242,300M
P/E Ratio2.6056Beta2.84
Volatility92.21
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