Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (NYSE:DQ)
Long-Term Uptrend (+90) - DQ is in a strong uptrend that is likely to continue. While DQ 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 DQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for DQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DQ
The long-term trend has been UP since Oct 2nd, 2024 at 21.57
The intermediate-term trend has been UP since Sep 13th, 2024 at 15.96
The short-term trend has been UP since Oct 21st, 2024 at 19.25
Smart Scan Analysis for DQ
Based on our trend formula, DQ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.80 | 21.50 | 19.80 | 20.77 | +1.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.70 | 1025358 | 2024-10-22 15:57:54 |
| Year High | 72.5 | Year High Date | 2018-01-16 |
| Year Low | 20.3505 | Year Low Date | 2018-11-13 |
| 52wk High | 30.0299 | 52wk High Date | 2024-03-12 |
| 52wk Low | 13.62 | 52wk Low Date | 2024-08-26 |
| Year End Close | 7.96 | Average Volume | 1,382,032 |
| Shares Outstanding | 1,737,095 | Short Interest | 112,623 |
| % Institutional | 1.5 | Market Cap | 656M |
| Assets | 694,050,100M | Liabilities | 234,749,800M |
| P/E Ratio | 2.1524 | Beta | 2.84 |
| Volatility | 92.21 |