Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
DAQO New Energy Corp ADS (NYSE:DQ)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DQ
The long term trend has been UP since Jan 18th, 2019 at 29.9800
The intermediate term trend has been UP since Aug 19th, 2019 at 45.3737
The short term trend has been DOWN since Sep 9th, 2019 at 50.1600
Smart Scan Analysis for DQ
Based on a pre-defined weighted trend formula for chart analysis, DQ scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||72.5||Year High Date||2018-01-16|
|Year Low||20.3505||Year Low Date||2018-11-13|
|52wk High||66.5||52wk High Date||2018-05-25|
|52wk Low||20.3505||52wk Low Date||2018-11-13|
|Year End Close||7.96||Average Volume||272,759|
|Shares Outstanding||35,143||Short Interest||112,623|
|% Institutional||1.5||Market Cap||485M|