Taking everything into account, DUO scores 1 out of 10 in our technical rating. DUO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DUO has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
1.65
2 important support areas can be observed.
- A support zone ranging from 1.73 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.67 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @2.09 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for DUO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DUO is neutral. |
| ChartMill Relative Strength | 2.46 | NEGATIVE | DUO has a low relative strength, it was outperformed by 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DUO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DUO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DUO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.19 | NEUTRAL | The RSI value for DUO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DUO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.66 | NEUTRAL | The Stochastics value for DUO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for DUO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for DUO suggests a weak or negative trend. |
1.95
-0.12 (-5.8%)
FANGDD NETWORK GROUP LTD-A / DUO FAQ
What is the ChartMill technical rating of FANGDD NETWORK GROUP LTD-A (DUO) stock?
ChartMill assigns a technical rating of 1 / 10 to DUO.
Can you provide the trend direction for FANGDD NETWORK GROUP LTD-A?
The current trend direction for FANGDD NETWORK GROUP LTD-A (DUO) is Bearish.
What is the RSI signal for FANGDD NETWORK GROUP LTD-A (DUO) stock?
FANGDD NETWORK GROUP LTD-A (DUO) has an RSI value of 48.1902. This indicates that the stock is currently neutral.
What is the MACD signal for FANGDD NETWORK GROUP LTD-A (DUO) stock?
The MACD indicator for FANGDD NETWORK GROUP LTD-A (DUO) has a value of 0.0558266, indicating a bearish trend.
What are the support and resistance levels for FANGDD NETWORK GROUP LTD-A (DUO) stock?
FANGDD NETWORK GROUP LTD-A (DUO) has a support level at 1.75 and a resistance level at 2.09. Check the full technical report for our detailed analysis of DUO support and resistance levels.