Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Dingdong (Cayman) Limited American Depositary Shares (each two representing three Ordinary Shares) (NYSE:DDL)
Bear Market Rally (-75) - DDL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DDL as it may be in the beginning of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DDL
The long-term trend has been DOWN since Mar 14th, 2023 at 3.990
The intermediate-term trend has been UP since Nov 3rd, 2023 at 2.050
The short-term trend has been DOWN since Nov 30th, 2023 at 2.105
Smart Scan Analysis for DDL
Based on our trend formula, DDL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.110 | 2.125 | 1.965 | 2.020 | -0.110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.010 | 481404 | 2023-12-01 15:59:53 |
| 52wk High | 6.9 | 52wk High Date | 2023-01-05 |
| 52wk Low | 1.6 | 52wk Low Date | 2023-09-07 |
| Average Volume | 268,636 | Assets | 938,190,700M |
| Liabilities | 896,424,000M | P/E Ratio | 0.9811 |