DOYU Stock DouYu International Holdings (DOYU, $9.83) entered Downtrend as Momentum indicator drops below 0 level on Jun 06, 2024

A.I.dvisor
at Tickeron.com
06/07/24
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DOYU - DouYu International Holdings Limited
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $9.83
Daily change: -$0.23 (-2.29%)
Daily volume: 119.5K
Capitalization: $311M
Industry: Internet Software/Services
This indicator may be signaling that DOYU'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 100 similar cases where DOYU's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

a developer and operator of game-centric live streaming platform in China, both on personal computer and mobile apps.

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
N/A
Address
No. 473 Guanshan Avenue
Phone
+86 2787878301
Employees
1973
Web
https://www.douyu.com