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Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares) (NYSE:DDL)
Long-Term Downtrend (-90) - DDL is in a strong downtrend that is likely to continue. While DDL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DDL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DDL
The long-term trend has been DOWN since Mar 14th, 2023 at 3.99
The intermediate-term trend has been DOWN since Feb 17th, 2023 at 4.62
The short-term trend has been DOWN since Mar 27th, 2023 at 3.43
Smart Scan Analysis for DDL
Based on our trend formula, DDL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.640 | 3.690 | 3.500 | 3.605 | +0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.620 | 628506 | 2023-03-28 15:59:57 |
| 52wk High | 7.3 | 52wk High Date | 2022-04-06 |
| 52wk Low | 2.431 | 52wk Low Date | 2022-10-24 |
| Average Volume | 1,159,709 | Assets | 943,136,600M |
| Liabilities | 891,587,300M | P/E Ratio | 1.2281 |