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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.

NASDAQ_DADA
Open High Low DADA Price Change
8.200 8.330 7.865 8.010 +0.050
Entry Signal

MarketClub’s Trade Triangles for DADA

long term up The long-term trend has been UP since Dec 2nd, 2022 at 6.68

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 12.40

short term up 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).

-55
Smart Scan Analysis for DADA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.200 8.330 7.865 8.010 +0.050
Prev. Close Volume Bid Ask Time
7.960 1181974 2023-03-28 15:59:43
52wk High15.589952wk High Date2023-01-26
52wk Low2.9852wk Low Date2022-11-03
Average Volume2,174,349Shares Outstanding16,500
Assets954,444,500MLiabilities217,291,700M
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