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.
MarketClub’s Trade Triangles for DADA
The long-term trend has been DOWN since Apr 19th, 2023 at 6.47
The intermediate-term trend has been DOWN since Nov 28th, 2023 at 3.51
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).
|52wk High||15.5899||52wk High Date||2023-01-26|
|52wk Low||2.98||52wk Low Date||2023-12-01|
|Average Volume||1,412,246||Shares Outstanding||16,500|