Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

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

Strong Downtrend (-100) - DADA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DADA continues to fall. Traders should use caution and set stops.

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
3.1200 3.1775 3.0950 3.1000 -0.0200
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 down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 3.51

short term down The short-term trend has been DOWN since Nov 21st, 2023 at 3.84

Smart Scan Analysis for DADA

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

-100
Smart Scan Analysis for DADA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1200 3.1775 3.0950 3.1000 -0.0200
Prev. Close Volume Bid Ask Time
3.1200 599191 2023-12-07 15:16:39
52wk High15.589952wk High Date2023-01-26
52wk Low2.9852wk Low Date2023-12-01
Average Volume1,412,246Shares Outstanding16,500
Assets954,444,500MLiabilities217,291,700M
Get a free daily analysis and signals for Dada Nexus Limited - American Depositary Shares (DADA) - Request Your Free Report.