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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Long-Term Uptrend (+90) - DQ is in a strong uptrend that is likely to continue. While DQ is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
26.73 28.98 26.70 28.15 +1.44
Entry Signal

MarketClub’s Trade Triangles for DQ

long term up The long-term trend has been UP since Mar 8th, 2024 at 27.6600

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2024 at 20.5900

short term up The short-term trend has been UP since Mar 21st, 2024 at 27.3299

Smart Scan Analysis for DQ

Based on our trend formula, DQ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.73 28.98 26.70 28.15 +1.44
Prev. Close Volume Bid Ask Time
28.15 1386389 2024-03-28 15:59:57
Year High72.5Year High Date2018-01-16
Year Low20.3505Year Low Date2018-11-13
52wk High48.7652wk High Date2023-04-11
52wk Low17.352wk Low Date2024-02-05
Year End Close7.96Average Volume1,785,363
Shares Outstanding1,737,095Short Interest112,623
% Institutional1.5Market Cap656M
Assets729,564,100MLiabilities256,242,300M
P/E Ratio3.2297Beta2.84
Volatility92.21
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