DiDi Global Inc (DIDI) Technical Analysis
NYSE:DIDI • US23292E1082
Current stock price
DIDI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to DIDI. In the past year, DIDI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, DIDI is a bad performer in the overall market: 100% of all stocks are doing better.
- DIDI is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 90% are performing better than DIDI.
- DIDI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DIDI is lagging the market.
- 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.
DIDI Weekly and Daily overview Charts
DIDI Setup Rating and Analysis
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
DIDI Support and Resistance Analysis
2.27
We found 1 important resistance 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.
DIDI 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 | 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. |
DIDI Chart- and CandleStick Pattern Analysis
DIDI Technicals: Chart, Performance Metrics, Trend & Indicators
2.29
-0.07 (-2.97%)
DiDi Global Inc / DIDI TA FAQ
What is the ChartMill technical rating of DiDi Global Inc (DIDI) stock?
ChartMill assigns a technical rating of 2 / 10 to DIDI.
Can you provide the trend direction for DiDi Global Inc?
The current trend direction for DiDi Global Inc (DIDI) is Bearish.
What is the RSI signal for DiDi Global Inc (DIDI) stock?
DiDi Global Inc (DIDI) has an RSI value of 59.0775. This indicates that the stock is currently neutral.
What is the MACD signal for DiDi Global Inc (DIDI) stock?
The MACD indicator for DiDi Global Inc (DIDI) has a value of 0.0978615, indicating a bearish trend.
Can you provide the buy/sell signal for DiDi Global Inc?
The buy/sell signal for DiDi Global Inc (DIDI) is hold as the short term and long term trends are mixed.