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Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Diamond Offshore Drilling, Inc. (NYSE:DO)

Long-Term Uptrend (+90) - DO is in a strong uptrend that is likely to continue. While DO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DO?

MarketClub looks at technical strength and momentum to determine if the timing is right for DO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low DO Price Change
15.13 15.28 15.08 15.12 -0.13
Entry Signal

MarketClub’s Trade Triangles for DO

long term up The long-term trend has been UP since Apr 1st, 2024 at 13.710

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 14.175

short term up The short-term trend has been UP since May 16th, 2024 at 14.730

Smart Scan Analysis for DO

Based on our trend formula, DO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for DO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.13 15.28 15.08 15.12 -0.13
Prev. Close Volume Bid Ask Time
15.25 285409 2024-05-21 12:09:11
52wk High17.3252wk High Date2023-09-12
52wk Low10.8152wk Low Date2023-05-31
Average Volume1,498,429Assets169,009,400M
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