DADA Stock Dada Nexus (DADA, $1.52) Aroon Indicator entered a Downtrend on June 13, 2024.

A.I.dvisor
at Tickeron.com
06/14/24
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DADA - Dada Nexus Limited
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $1.515
Daily change: +$0.015 (+1%)
Daily volume: 675.7K
Capitalization: $400.8M
Industry: Internet Retail
For the last three days, A.I.dvisor has detected that DADA's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for DADA, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 245 similar cases, of which were successful. Based on this data, the odds of success are
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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