Dada Nexus Stock Technical Analysis

DADA
 Stock
  

USD 6.82  0.17  2.56%   

As of the 11th of August 2022, Dada Nexus shows the Semi Deviation of 5.43, mean deviation of 4.7, and Downside Deviation of 5.65. Dada Nexus technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Dada Nexus, which can be compared to its rivals. Please confirm Dada Nexus variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Dada Nexus is priced favorably, providing market reflects its regular price of 6.82 per share. Given that Dada Nexus has jensen alpha of 0.2684, we urge you to verify Dada Nexus's prevailing market performance to make sure the company can sustain itself at a future point.
  

Dada Nexus Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dada Nexus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Dada Nexus
Dada Nexus' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Dada Nexus Analyst Consensus

Target PriceAdvice# of Analysts
38.6Buy5Odds
Dada Nexus current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Dada Nexus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dada Nexus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dada Nexus, talking to its executives and customers, or listening to Dada Nexus conference calls.
Dada Nexus Analyst Advice Details
Dada Nexus technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Dada Nexus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dada Nexus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Dada Nexus Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Dada Nexus volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Dada Nexus Trend Analysis

Use this graph to draw trend lines for Dada Nexus. You can use it to identify possible trend reversals for Dada Nexus as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Dada Nexus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Dada Nexus Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dada Nexus applied against its price change over selected period. The best fit line has a slop of   -0.002  , which may suggest that Dada Nexus market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.15, which is the sum of squared deviations for the predicted Dada Nexus price change compared to its average price change.

About Dada Nexus Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Dada Nexus on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Dada Nexus based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dada Nexus stock first instead of the macroeconomic environment surrounding Dada Nexus. By analyzing Dada Nexus's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Dada Nexus's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Dada Nexus specific price patterns or momentum indicators. Please read more on our technical analysis page.

Dada Nexus August 11, 2022 Technical Indicators

Most technical analysis of Dada Nexus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dada Nexus from various momentum indicators to cycle indicators. When you analyze Dada Nexus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Dada Nexus August 11, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Dada Nexus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Investing Opportunities. Note that the Dada Nexus information on this page should be used as a complementary analysis to other Dada Nexus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Dada Nexus Stock analysis

When running Dada Nexus price analysis, check to measure Dada Nexus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dada Nexus is operating at the current time. Most of Dada Nexus' value examination focuses on studying past and present price action to predict the probability of Dada Nexus' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dada Nexus' price. Additionally, you may evaluate how the addition of Dada Nexus to your portfolios can decrease your overall portfolio volatility.
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Is Dada Nexus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dada Nexus. If investors know Dada Nexus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.8 B
Quarterly Revenue Growth YOY
0.21
Return On Assets
-0.17
Return On Equity
-0.32
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada Nexus that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine Dada Nexus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.