DINGDONG CAYMAN LTD -SPN ADR (DDL) Technical Analysis
NYSE:DDL • US25445D1019
Current stock price
DDL Technical Rating and Analysis
Taking everything into account, DDL scores 4 out of 10 in our technical rating. DDL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month DDL has a been trading in the 2.60 - 3.03 range, which is quite wide. It is currently trading near the lows of this range.
- DDL has an average volume of 2551580 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, DDL turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- DDL is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 45% of 38 stocks in the same industry.
- DDL 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 DDL is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
DDL Weekly and Daily overview Charts
DDL Setup Rating and Analysis
Although the technical rating is only medium, DDL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.61, a Stop Loss order could be placed below this zone.
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DDL Support and Resistance Analysis
1.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.60 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.72 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.79 to 2.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.98 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
DDL Technical Indicator Signal Analysis
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 DDL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DDL is down. |
| ChartMill Relative Strength | 63.69 | NEUTRAL | DDL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DDL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DDL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DDL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.11 | NEUTRAL | The RSI value for DDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DDL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.28 | OVERSOLD | The low Stochastics value suggests DDL may be oversold. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for DDL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for DDL suggests a weak or negative trend. |
DDL Chart- and CandleStick Pattern Analysis
DDL Technicals: Chart, Performance Metrics, Trend & Indicators
2.62
+0.01 (+0.38%)
DINGDONG CAYMAN LTD -SPN ADR / DDL TA FAQ
What is the ChartMill technical rating of DINGDONG CAYMAN LTD -SPN ADR (DDL) stock?
ChartMill assigns a technical rating of 4 / 10 to DDL.
Can you provide the trend direction for DINGDONG CAYMAN LTD -SPN ADR?
The current trend direction for DINGDONG CAYMAN LTD -SPN ADR (DDL) is Bullish.
Can you provide the RSI signal for DINGDONG CAYMAN LTD -SPN ADR?
DINGDONG CAYMAN LTD -SPN ADR (DDL) has an RSI value of 41.1052. This indicates that the stock is currently neutral.
What is the short term momentum for DDL stock?
The short term momentum for DINGDONG CAYMAN LTD -SPN ADR (DDL) is negative.
What is the support and resistance level for DDL stock?
DINGDONG CAYMAN LTD -SPN ADR (DDL) has a support level at 2.61 and a resistance level at 2.79. Check the full technical report for our detailed analysis of DDL support and resistance levels.