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Stock Trend Analysis Report

Prepared for you on Wednesday, December 6, 2023.

DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (NYSE:DQ)

Countertrend Down (-85) - DQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

NYSE_DQ
Open High Low DQ Price Change
24.220 24.390 23.665 23.700 -0.950
Entry Signal

MarketClub’s Trade Triangles for DQ

long term down The long-term trend has been DOWN since Sep 23rd, 2022 at 49.79

intermediate term down The intermediate-term trend has been DOWN since Nov 27th, 2023 at 25.37

short term up The short-term trend has been UP since Dec 1st, 2023 at 24.75

Smart Scan Analysis for DQ

Based on our trend formula, DQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.220 24.390 23.665 23.700 -0.950
Prev. Close Volume Bid Ask Time
23.720 768840 2023-12-05 15:59:57
Year High72.5Year High Date2018-01-16
Year Low20.3505Year Low Date2018-11-13
52wk High55.652wk High Date2023-03-06
52wk Low22.9452wk Low Date2023-10-27
Year End Close7.96Average Volume1,117,976
Shares Outstanding1,737,095Short Interest112,623
% Institutional1.5Market Cap656M
Assets690,622,300MLiabilities262,034,600M
P/E Ratio6.2185Beta2.84
Volatility92.21
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