Fangdd Network Group Ltd (NASDAQ:DUO) shares, rose in value on Thursday, March 27, with the stock price up by 4.25% to the previous day’s close as strong demand from buyers drove the stock to $0.32.
Actively observing the price movement in the last trading, the stock closed the session at $0.31, falling within a range of $0.3 and $0.3239. The value of beta (5-year monthly) was 1.297. Referring to stock’s 52-week performance, its high was $4.67, and the low was $0.30. On the whole, DUO has fluctuated by -43.34% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DUO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of DUO currently trading nearly -22.13% and -38.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 27.60, while the 7-day volatility ratio is showing 7.78% which for the 30-day chart, stands at 8.76%. Furthermore, Fangdd Network Group Ltd (DUO)’s beta value is 2.19, and its average true range (ATR) is 0.04.
A comparison of Fangdd Network Group Ltd (DUO) with its peers suggests the former has fared considerably weaker in the market. DUO showed an intraday change of 4.25% in last session, and over the past year, it shrunk by -27.15%%.
Data on historical trading for Fangdd Network Group Ltd (NASDAQ:DUO) indicates that the trading volumes over the past 10 days have averaged 1.44 and over the past 3 months, they’ve averaged 2.66 million.
The data on short interest also indicates that stock shorts accounted for 0.97 million shares as on 2025-03-14, resulting in a short ratio of 0.39. The stock has fallen by -46.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DUO stock heading into the next quarter.
