Fangdd Network Group Ltd (NASDAQ:DUO) price closed higher on Tuesday, January 14, and jumping 2.08% above its previous close.
A look at the daily price movement shows that the last close reads $0.57, with intraday deals fluctuated between $0.576 and $0.617. The company’s 5Y monthly beta was ticking 1.297. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.67 and 52-week low of $0.32. The stock subtracted -31.67% on its value in the past month.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give DUO a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that DUO’s price is at present -9.70% off the SMA20 and -19.37% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.69, with weekly volatility standing at 8.90%. The indicator jumps to 11.13% when calculated based on the past 30 days. Fangdd Network Group Ltd (NASDAQ:DUO)’s beta value is holding at 1.54, while the average true range (ATR) indicator is currently reading 0.09.
An analysis of the Fangdd Network Group Ltd (NASDAQ:DUO) stock in terms of its daily trading volume indicates that the 3-month average is 9.23 million. However, this figure increases on the past 10-day timeline to an average of 1.97 million.
The insiders’ percentage holdings are 99.96% of outstanding shares. The stats also highlight that short interest as of 2024-12-31, stood at 0.28 million shares, which puts the short ratio at the time at 0.02. Notably, we see that shares short in December fall slightly given the previous month’s figure stood at 2.39 million. But the -2.17% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
