DOUYU INTERNATIONAL HOLD-ADR (DOYU) Technical Analysis
NASDAQ:DOYU • US25985W2044
Current stock price
DOYU Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to DOYU. DOYU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 89% of all other stocks performed better in the past year than DOYU.
- DOYU is one of the lesser performing stocks in the Entertainment industry. 70% of 79 stocks in the same industry do better.
- DOYU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DOYU has a been trading in the 4.57 - 5.19 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
DOYU Weekly and Daily overview Charts
DOYU Setup Rating and Analysis
Although the technical rating is bad, DOYU does present a nice setup opportunity. 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 4.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DOYU in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DOYU Support and Resistance Analysis
4.43
2 important support areas can be observed.
- A support zone ranging from 4.85 to 4.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.47 to 4.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @5.17 from a horizontal line in the daily time frame.
- Resistance @5.80 from a trend line in the daily time frame.
- Resistance @6.29 from a trend line in the daily time frame.
- Resistance @7.14 from a horizontal line in the daily time frame.
DOYU 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 DOYU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DOYU is neutral. |
| ChartMill Relative Strength | 11.2 | NEGATIVE | DOYU has a low relative strength, it was outperformed by 88.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOYU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DOYU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DOYU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.92 | NEUTRAL | The RSI value for DOYU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DOYU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.39 | NEUTRAL | The Stochastics value for DOYU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for DOYU suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for DOYU suggests a weak or negative trend. |
DOYU Chart- and CandleStick Pattern Analysis
DOYU Technicals: Chart, Performance Metrics, Trend & Indicators
5.02
-0.03 (-0.59%)
DOUYU INTERNATIONAL HOLD-ADR / DOYU TA FAQ
What is the technical rating for DOYU stock?
ChartMill assigns a technical rating of 1 / 10 to DOYU.
Can you provide the trend direction for DOUYU INTERNATIONAL HOLD-ADR?
The current trend direction for DOUYU INTERNATIONAL HOLD-ADR (DOYU) is Bearish.
What is the RSI signal for DOYU stock?
DOUYU INTERNATIONAL HOLD-ADR (DOYU) has an RSI value of 51.9185. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DOUYU INTERNATIONAL HOLD-ADR?
The MACD indicator for DOUYU INTERNATIONAL HOLD-ADR (DOYU) has a value of 0.0511936, indicating a bearish trend.
Can you provide the support and resistance levels for DOUYU INTERNATIONAL HOLD-ADR?
DOUYU INTERNATIONAL HOLD-ADR (DOYU) has a support level at 4.9 and a resistance level at 5.17. Check the full technical report for our detailed analysis of DOYU support and resistance levels.