Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Dada Nexus Limited - American Depositary Shares (NASDAQ:DADA)
Sidelines Mode (-55) - DADA 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 DADA?
MarketClub looks at technical strength and momentum to determine if the timing is right for DADA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DADA
The long-term trend has been UP since Dec 2nd, 2022 at 6.68
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 12.40
The short-term trend has been UP since Mar 23rd, 2023 at 7.34
Smart Scan Analysis for DADA
Based on our trend formula, DADA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.5899||52wk High Date||2023-01-26|
|52wk Low||2.98||52wk Low Date||2022-11-03|
|Average Volume||2,174,349||Shares Outstanding||16,500|