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DADA Stock Dada Nexus (DADA, $1.4) entered Downtrend as Momentum indicator drops below 0 level on Jul 23, 2024

A.I.dvisor
at Tickeron.com
07/24/24
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DADA - Dada Nexus Limited
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $1.4
Daily change: -$0.04 (-2.78%)
Daily volume: 464K
Capitalization: $370.4M
Industry: Internet Retail
This indicator may be signaling that DADA's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 75 similar cases where DADA's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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DADA
Daily Signalchanged days ago
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General Information

a company, which operates a platform of local on-demand retail and delivery in China

Industry InternetRetail

Profile
Fundamentals
Details
Industry
N/A
Address
No.1088 Yangshupu Road
Phone
+86 2131657167
Employees
2631
Web
https://ir.imdada.cn