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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

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

Bull Market Weakness (+75) - DQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DQ as it may be in the beginning stages of a reversal.

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
17.2900 17.6400 16.6900 17.0866 -0.4834
Entry Signal

MarketClub’s Trade Triangles for DQ

long term down The long-term trend has been DOWN since Jun 21st, 2024 at 17.94

intermediate term up The intermediate-term trend has been UP since Jul 22nd, 2024 at 17.63

short term up The short-term trend has been UP since Jul 3rd, 2024 at 15.39

Smart Scan Analysis for DQ

Based on our trend formula, DQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.2900 17.6400 16.6900 17.0866 -0.4834
Prev. Close Volume Bid Ask Time
17.5700 305188 2024-07-24 13:43:22
Year High72.5Year High Date2018-01-16
Year Low20.3505Year Low Date2018-11-13
52wk High40.1352wk High Date2023-07-31
52wk Low14.2152wk Low Date2024-07-01
Year End Close7.96Average Volume850,683
Shares Outstanding1,737,095Short Interest112,623
% Institutional1.5Market Cap656M
Assets724,783,300MLiabilities253,144,300M
P/E Ratio2.1524Beta2.84
Volatility92.21
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