Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DO
The long-term trend has been UP since Apr 1st, 2024 at 13.710
The intermediate-term trend has been UP since Jun 10th, 2024 at 15.355
The short-term trend has been UP since Jul 26th, 2024 at 16.370
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.400 | 16.800 | 16.320 | 16.435 | +0.175 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.260 | 3896406 | 2024-07-26 15:59:47 |
| 52wk High | 17.32 | 52wk High Date | 2023-09-12 |
| 52wk Low | 11.02 | 52wk Low Date | 2024-02-28 |
| Average Volume | 1,728,403 | Shares Outstanding | 102,481 |
| Assets | 169,009,400M | Liabilities | 103,078,300M |