
USA - NYSE:DIDI - US23292E1082 - ADR
We assign a technical rating of 2 out of 10 to DIDI. Recently some decent action could be observed, but in the medium term time frame this is still negative. DIDI was also a bad performer in the overall market in the last year.
The technical rating of DIDI is bad and it also does not present a quality setup 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.
2.27
When analyzing the resistance we notice one important area.
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 DIDI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DIDI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DIDI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DIDI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DIDI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DIDI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.08 | NEUTRAL | The RSI value for DIDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests DIDI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.28 | NEUTRAL | The Stochastics value for DIDI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.8 | HIGH VOLATILITY | The high ATR as a percentage value for DIDI suggests high volalility. |
2.29
-0.07 (-2.97%)
ChartMill assigns a technical rating of 2 / 10 to DIDI.
The current trend direction for DiDi Global Inc (DIDI) is Bearish.
DiDi Global Inc (DIDI) has an RSI value of 59.0775. This indicates that the stock is currently neutral.
The MACD indicator for DiDi Global Inc (DIDI) has a value of 0.0978615, indicating a bearish trend.
DiDi Global Inc (DIDI) has a resistance level at 2.49. Check the full technical report for our detailed analysis of DIDI support and resistance levels.