YOUDAO INC - ADR (DAO) Stock Technical Analysis
NYSE:DAO - New York Stock Exchange, Inc. - US98741T1043 - ADR - Currency: USD
Overall DAO gets a technical rating of 9 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, DAO did better than 96% of all other stocks.
DAO is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry. DAO outperforms 88% of them.
In the last month DAO has a been trading in the 8.50 - 10.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DAO 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 DAO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, DAO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 8.98, a Stop Loss order could be placed below this zone.
More info and screens
3.48
9.73
When analyzing the support we can see 7 important areas.
- A support zone ranging from 8.90 to 8.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.83 from a trend line in the weekly time frame.
- Support @7.57 from a trend line in the daily time frame.
- Support @7.24 from a trend line in the daily time frame.
- Support @6.94 from a trend line in the weekly time frame.
- Support @6.44 from a horizontal line in the daily time frame.
- Support @3.52 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @9.31 from a trend line in the daily time frame.
- Resistance @9.47 from a trend line in the weekly time frame.
- Resistance @9.63 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for DAO is neutral. |
| ChartMill Relative Strength | 96.51 | POSITIVE | DAO has a high relative strength, it outperformed 96.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DAO is below 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) | 51.84 | NEUTRAL | The RSI value for DAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DAO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.88 | NEUTRAL | The Stochastics value for DAO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for DAO suggests high volalility. |
| Average Directional Index/ADX (14) | 10.01 | NEGATIVE | The low ADX value for DAO suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.32 | 8.89 | 0.43 (4.61%) | 21.67% |
| An entry @9.32. This is a Buy Stop order right above the resistance zone. | An exit @8.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 4.61%. | When investing 21.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DAO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:DAO (6/6/2025, 8:04:00 PM)
8.99
-0.09 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.99%
1 Week-3.02%
2 Weeks-0.66%
1 Month1.24%
3 Month3.57%
6 Month28.43%
12 Month142.32%
2 Year86.51%
3 Year82.72%
5 Year-76.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.12%
ATR Inc-27.04%
Range Today0.29
ADR(20)0.42
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.51
Mansfield3.86
10 Day High9.38
10 Day Low8.65
20 Day High10
20 Day Low8.5
52 Week High11.82
52 Week Low2.86
CS1 End8.98
CR1 Start9.31
Volume & EV
DER(3)-2.97%
DER(5)-1.93%
Volume45.10K
Volume Incr-36.62%
Vol(5)56.84K
Vol(50)104.80K