Free Daily Analysis
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.
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MarketClub’s Trade Triangles for DQ
The long-term trend has been DOWN since Sep 23rd, 2022 at 49.79
The intermediate-term trend has been DOWN since Nov 27th, 2023 at 25.37
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).
| 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 High | 72.5 | Year High Date | 2018-01-16 |
| Year Low | 20.3505 | Year Low Date | 2018-11-13 |
| 52wk High | 55.6 | 52wk High Date | 2023-03-06 |
| 52wk Low | 22.94 | 52wk Low Date | 2023-10-27 |
| Year End Close | 7.96 | Average Volume | 1,117,976 |
| Shares Outstanding | 1,737,095 | Short Interest | 112,623 |
| % Institutional | 1.5 | Market Cap | 656M |
| Assets | 690,622,300M | Liabilities | 262,034,600M |
| P/E Ratio | 6.2185 | Beta | 2.84 |
| Volatility | 92.21 |