DAQO NEW ENERGY CORP-ADR (DQ)

US23703Q2030 - ADR

19.21  -0.91 (-4.52%)

After market: 19.22 +0.01 (+0.05%)

Technical Rating and Analysis

2

Overall DQ gets a technical rating of 2 out of 10. DQ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, DQ is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month DQ has a been trading in the 18.27 - 30.85 range, which is quite wide. It is currently trading near the lows of this range.
DQ has an average volume of 1695040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DQ is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, DQ did better than 62% of them.
DQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DQ is lagging the market.
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

3

The technical rating of DQ is bad and it also does not present a quality setup 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

14.17

29.70

We found 3 important support areas.

  • Support @18.32 from a horizontal line in the daily time frame.
  • Support @14.60 from a horizontal line in the weekly time frame.
  • Support @14.31 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 20.00 to 20.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.31 from a trend line in the weekly time frame.
  • Resistance @25.19 from a trend line in the weekly time frame.
  • Resistance @29.41 from a horizontal line in the daily 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
CRS32.11
Mansfield-1.76
10 Day High22.31
10 Day Low18.27
20 Day High30.85
20 Day Low18.27
52 Week High30.85
52 Week Low13.62
Performance
1 Week-4.62%
2 Weeks-15.11%
1 Month-12.68%
3 Month26.38%
6 Month-5.79%
12 Month-26.03%
2 Year-66.24%
3 Year-66.5%
5 Year152.23%
10 Year220.17%
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)-0.46
RSI(14)44.28
LBB17.8
UBB23.96
DQ Daily chart

DAQO NEW ENERGY CORP-ADR

NYSE:DQ (11/21/2024, 8:23:09 PM)

After market: 19.22 +0.01 (+0.05%)

19.21

-0.91 (-4.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.52%
1 Week-4.62%
2 Weeks-15.11%
1 Month-12.68%
3 Month26.38%
6 Month-5.79%
12 Month-26.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.44
ATR(20)%11.85%
ATR Inc
Range Today0.71
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.31
10 Day Low18.27
20 Day High30.85
20 Day Low18.27
52 Week High30.85
52 Week Low13.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume520.70K
Volume Incr-74.04%
Vol(5)643.14K
Vol(50)1.70M