FANGDD NETWORK GROUP LTD-A (DUO) Stock Technical Analysis
NASDAQ:DUO • KYG331471287
Overall DUO gets a technical rating of 0 out of 10. DUO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than DUO.
- DUO is one of the lesser performing stocks in the Interactive Media & Services industry. 82% of 69 stocks in the same industry do better.
- DUO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month DUO has a been trading in the 1.10 - 1.94 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of DUO 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
1.11
We can see 3 important resistance areas.
- A resistance zone ranging from 1.13 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.32 from a horizontal line 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 DUO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DUO is down. |
| ChartMill Relative Strength | 3 | NEGATIVE | DUO has a low relative strength, it was outperformed by 97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DUO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DUO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DUO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.32 | NEUTRAL | The RSI value for DUO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DUO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.32 | OVERSOLD | The low Stochastics value suggests DUO may be oversold. |
| Average True Range in percent/ATR (20) | 11.5 | HIGH VOLATILITY | The high ATR as a percentage value for DUO suggests high volalility. |
| Average Directional Index/ADX (14) | 10.97 | NEGATIVE | The low ADX value for DUO suggests a weak or negative trend. |
1.12
-0.04 (-3.45%)
FANGDD NETWORK GROUP LTD-A / DUO FAQ
What is the ChartMill technical rating of FANGDD NETWORK GROUP LTD-A (DUO) stock?
ChartMill assigns a technical rating of 0 / 10 to DUO.
What is the current trend direction of FANGDD NETWORK GROUP LTD-A (DUO) stock?
The current trend direction for FANGDD NETWORK GROUP LTD-A (DUO) is Bearish.
What is the RSI signal for DUO stock?
FANGDD NETWORK GROUP LTD-A (DUO) has an RSI value of 37.3229. This indicates that the stock is currently neutral.
What is the short term momentum for DUO stock?
The short term momentum for FANGDD NETWORK GROUP LTD-A (DUO) is negative.
What is the buy/sell signal for DUO stock?
The buy/sell signal for FANGDD NETWORK GROUP LTD-A (DUO) is sell as both the short term and long term trends are negative.