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Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Diamond Offshore Drilling, Inc. (NYSE:DO)
Countertrend Up (+85) - DO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for DO
The long-term trend has been UP since Oct 18th, 2022 at 8.4396
The intermediate-term trend has been UP since May 22nd, 2023 at 12.4700
The short-term trend has been DOWN since May 25th, 2023 at 11.5600
Smart Scan Analysis for DO
Based on our trend formula, DO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.880 | 11.740 | 10.830 | 11.655 | +0.705 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.650 | 919404 | 2023-06-01 15:59:11 |
| 52wk High | 13.3 | 52wk High Date | 2023-03-07 |
| 52wk Low | 5.17 | 52wk Low Date | 2022-07-14 |
| Average Volume | 1,035,098 | Assets | 152,371,900M |
| Liabilities | 793,530,000M |