DAQO NEW ENERGY CORP-ADR (DQ)

US23703Q2030 - ADR

17.51  +0.11 (+0.63%)

After market: 17.52 +0.01 (+0.06%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to DQ. DQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DQ is a bad performer in the overall market: 78% of all stocks are doing better.
DQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DQ is lagging the market.
DQ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
DQ has an average volume of 1492520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DQ is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, DQ did better than 41% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DQ Weekly chart
DQ Daily chart
Setup Rating and Analysis

5

DQ has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

14.45

25.09

We found 2 important support areas.

  • A support zone ranging from 17.21 to 17.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.60 from a horizontal line in the weekly time frame.

4 important resistance areas can be observed.

  • Resistance @17.76 from a trend line in the daily time frame.
  • Resistance @18.39 from a horizontal line in the daily time frame.
  • Resistance @23.08 from a trend line in the weekly time frame.
  • Resistance @24.84 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.69
Mansfield-2.13
10 Day High19.74
10 Day Low16.92
20 Day High21.87
20 Day Low16.92
52 Week High30.85
52 Week Low13.62
Performance
1 Week-4.79%
2 Weeks-3.15%
1 Month-8.85%
3 Month7.62%
6 Month-1.9%
12 Month-29.96%
2 Year-54.65%
3 Year-56.57%
5 Year71%
10 Year232.38%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)41.41
LBB16.23
UBB20.91
DQ Daily chart

DAQO NEW ENERGY CORP-ADR

NYSE:DQ (12/20/2024, 8:05:48 PM)

After market: 17.52 +0.01 (+0.06%)

17.51

+0.11 (+0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.63%
1 Week-4.79%
2 Weeks-3.15%
1 Month-8.85%
3 Month7.62%
6 Month-1.9%
12 Month-29.96%
2 Year-54.65%
3 Year-56.57%
5 Year71%
10 Year232.38%
15 YearN/A
Volatility
ATR(14)1.13
ATR(20)%6.27%
ATR Inc-51.85%
Range Today0.65
ADR(20)0.98
ADR(20)%5.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.69
Mansfield-2.13
10 Day High19.74
10 Day Low16.92
20 Day High21.87
20 Day Low16.92
52 Week High30.85
52 Week Low13.62
CS1 End17.5
CR1 Start17.76
Volume & EV
DER(3)-1.97%
DER(5)-2.28%
Volume656.90K
Volume Incr-24.89%
Vol(5)667.24K
Vol(50)1.49M