DINGDONG CAYMAN LTD -SPN ADR (DDL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DDL - US25445D1019 - ADR
We assign a technical rating of 6 out of 10 to DDL. In the last year, DDL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
DDL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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1.69
2 important support areas can be observed.
- A support zone ranging from 2.03 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.71 to 1.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.29 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DDL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DDL is up. |
| ChartMill Relative Strength | 16.14 | NEGATIVE | DDL has a low relative strength, it was outperformed by 83.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DDL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DDL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DDL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.65 | OVERBOUGHT | The high RSI value suggests DDL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DDL has a positive trend. |
| Stochastics (14,3) | 74.04 | NEUTRAL | The Stochastics value for DDL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for DDL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.55 | POSITIVE | The high ADX value value for DDL suggests a strong trend. |
2.28
+0.23 (+11.22%)
DINGDONG CAYMAN LTD -SPN ADR / DDL FAQ
What is the ChartMill technical rating of DINGDONG CAYMAN LTD -SPN ADR (DDL) stock?
ChartMill assigns a technical rating of 6 / 10 to DDL.
What is the current trend direction of DINGDONG CAYMAN LTD -SPN ADR (DDL) stock?
The current trend direction for DINGDONG CAYMAN LTD -SPN ADR (DDL) is Bearish.
Can you provide the RSI signal for DINGDONG CAYMAN LTD -SPN ADR?
DINGDONG CAYMAN LTD -SPN ADR (DDL) has an RSI value of 71.6457. This indicates that the stock is currently overbought.
Can you provide the MACD signal for DINGDONG CAYMAN LTD -SPN ADR?
The MACD indicator for DINGDONG CAYMAN LTD -SPN ADR (DDL) has a value of 0.0383573, indicating a bearish trend.
What are the support and resistance levels for DINGDONG CAYMAN LTD -SPN ADR (DDL) stock?
DINGDONG CAYMAN LTD -SPN ADR (DDL) has a support level at 2.06 and a resistance level at 2.29. Check the full technical report for our detailed analysis of DDL support and resistance levels.