DAQO NEW ENERGY CORP-ADR (DQ) Stock Technical Analysis
NYSE:DQ - New York Stock Exchange, Inc. - US23703Q2030 - ADR - Currency: USD
Taking everything into account, DQ scores 5 out of 10 in our technical rating. DQ has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, DQ is a bad performer in the overall market: 68% of all stocks are doing better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DQ is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, DQ did better than 63% of them.
DQ is currently trading in the middle 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 slightly.
In the last month DQ has a been trading in the 17.19 - 23.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, DQ does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.04
24.21
When analyzing the support we can see 4 important areas.
- Support @18.49 from a trend line in the weekly time frame.
- Support @18.08 from a trend line in the daily time frame.
- A support zone ranging from 17.49 to 17.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.21 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 21.45 to 21.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.17 from a trend line in the daily time frame.
- Resistance @22.67 from a horizontal line in the daily time frame.
- Resistance @23.97 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.42
Mansfield-0.46
10 Day High23.65
10 Day Low20.01
20 Day High23.65
20 Day Low17.19
52 Week High30.85
52 Week Low13.62
Performance
1 Week-7.02%
2 Weeks-6.51%
1 Month10.66%
3 Month1.1%
6 Month37.47%
12 Month-11.53%
2 Year-54.16%
3 Year-57.78%
5 Year54.42%
10 Year352.62%
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)-0.1
RSI(14)48.63
LBB19.98
UBB22.96
20.25
-1.25 (-5.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-5.81%
1 Week-7.02%
2 Weeks-6.51%
1 Month10.66%
3 Month1.1%
6 Month37.47%
12 Month-11.53%
2 Year-54.16%
3 Year-57.78%
5 Year54.42%
10 Year352.62%
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%7.07%
ATR Inc7.66%
Range Today0.84
ADR(20)1.27
ADR(20)%6.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.42
Mansfield-0.46
10 Day High23.65
10 Day Low20.01
20 Day High23.65
20 Day Low17.19
52 Week High30.85
52 Week Low13.62
CS1 End18.49
CR1 Start21.45
Volume & EV
DER(3)-0.88%
DER(5)-1.64%
Volume738.80K
Volume Incr26.31%
Vol(5)1.01M
Vol(50)830.65K