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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Dada Nexus Limited - American Depositary Shares (NASDAQ:DADA)

Sidelines Mode (-55) - DADA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DADA?

MarketClub looks at technical strength and momentum to determine if the timing is right for DADA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DADA
Open High Low DADA Price Change
1.880 2.005 1.870 2.000 +0.140
Entry Signal

MarketClub’s Trade Triangles for DADA

long term down The long-term trend has been DOWN since Apr 19th, 2023 at 6.47

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 2.01

short term up The short-term trend has been UP since Apr 22nd, 2024 at 1.93

Smart Scan Analysis for DADA

Based on our trend formula, DADA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DADA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.880 2.005 1.870 2.000 +0.140
Prev. Close Volume Bid Ask Time
1.860 1420026 2024-04-24 15:59:54
52wk High7.0352wk High Date2023-05-11
52wk Low1.35552wk Low Date2024-01-11
Average Volume1,661,536Shares Outstanding16,500
Assets871,459,200MLiabilities188,881,300M
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