YOUDAO INC - ADR (DAO) Stock Technical Analysis
NYSE:DAO - US98741T1043 - ADR
9.08 USD
-0.1 (-1.09%)
9.08 USD
0 (0%)
Overall DAO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DAO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DAO did better than 95% of all other stocks.
DAO is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 91% of 71 stocks in the same industry.
DAO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DAO is lagging the market slightly.
In the last month DAO has a been trading in the 8.55 - 10.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DAO has an excellent technical rating, but the quality of the setup is 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.
More info and screens
6.38
10.38
6 important support areas can be observed.
- A support zone ranging from 8.82 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.58 to 8.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.36 from a horizontal line in the daily time frame.
- Support @8.18 from a trend line in the daily time frame.
- Support @7.16 from a trend line in the weekly time frame.
- Support @6.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.12 to 9.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.01 to 10.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.28 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 | UP | POSITIVE | The long term trend for DAO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAO is up. |
| ChartMill Relative Strength | 95.84 | POSITIVE | DAO has a high relative strength, it outperformed 95.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for DAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DAO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.83 | NEUTRAL | The Stochastics value for DAO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for DAO suggests some volalility. |
| Average Directional Index/ADX (14) | 32.59 | POSITIVE | The high ADX value value for DAO suggests a strong trend. |
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)
9.08
-0.1 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.09%
1 Week-9.65%
2 Weeks3.42%
1 Month4.13%
3 Month-1.94%
6 Month-11.5%
12 Month163.95%
2 Year132.82%
3 Year69.4%
5 Year-69.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.28%
ATR Inc-0.57%
Range Today0.25
ADR(20)0.29
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.84
Mansfield1.31
10 Day High10.6
10 Day Low8.6
20 Day High10.6
20 Day Low8.55
52 Week High11.82
52 Week Low3
CS1 End8.99
CR1 Start9.12
Volume & EV
DER(3)-9.37%
DER(5)-9.65%
Volume122.60K
Volume Incr4.24%
Vol(5)105.94K
Vol(50)75.95K