DiDi Global Inc (DIDI) Stock Technical Analysis
NYSE:DIDI - New York Stock Exchange, Inc. - US23292E1082 - ADR
Overall DIDI gets a technical rating of 2 out of 10. 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.
100% of all other stocks performed better in the past year than DIDI.
DIDI is part of the Ground Transportation industry. There are 40 other stocks in this industry, of which 89% are performing better than DIDI.
DIDI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DIDI has an average volume of 55630500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month DIDI has a been trading in the 1.39 - 3.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
2.27
2.55
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.49 to 2.52. This zone is formed by a combination of multiple trend lines 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 | 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. |
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)
2.29
-0.07 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-2.97%
1 Week23.78%
2 Weeks23.78%
1 Month56.85%
3 Month21.16%
6 Month-64.71%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%10.8%
ATR Inc-10.41%
Range Today0.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.1
10 Day Low1.75
20 Day High3.1
20 Day Low1.39
52 Week High16.9
52 Week Low1.37
CS1 EndN/A
CR1 Start2.49
Volume & EV
DER(3)-0.77%
DER(5)-2.79%
Volume127.38M
Volume Incr273.63%
Vol(5)164.07M
Vol(50)55.63M