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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Dada Nexus Limited - American Depositary Shares (NASDAQ:DADA)

Bear Market Rally (-75) - DADA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DADA as it may be in the beginning of a reversal.

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.

NASDAQ_DADA
Open High Low DADA Price Change
2.120 2.155 2.010 2.050 -0.050
Entry Signal

MarketClub’s Trade Triangles for DADA

long term down The long-term trend has been DOWN since Apr 19th, 2023 at 6.47

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2024 at 2.12

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 2.22

Smart Scan Analysis for DADA

Based on our trend formula, DADA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DADA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.120 2.155 2.010 2.050 -0.050
Prev. Close Volume Bid Ask Time
2.050 2231059 2024-03-28 15:59:57
52wk High8.9252wk High Date2023-03-31
52wk Low1.35552wk Low Date2024-01-11
Average Volume2,250,610Shares Outstanding16,500
Assets871,459,200MLiabilities188,881,300M
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