Daqo New Energy's 15min chart triggers Bollinger Bands Narrowing and KDJ Death Cross.

Daqo New Energy's 15-minute chart has exhibited a narrowing of Bollinger Bands, which suggests a decrease in the magnitude of stock price fluctuations. Furthermore, the KDJ indicator has crossed over from an upward trend to a downward trend, signifying a shift in the momentum of the stock price towards the downside, with potential for further decreases. This suggests that the stock price may experience a period of volatility reduction, accompanied by a decline in its momentum.

Daqo New Energy ADR (DQ) has been the subject of recent market attention, with notable changes in its Relative Strength (RS) Rating and analyst opinions. On Friday, the stock's RS Rating improved from 70 to 81, indicating a positive shift in its price performance [1]. This exclusive rating from Investor's Business Daily measures price performance on a scale of 1 to 99, with higher scores indicating better performance.

However, the stock experienced a significant gap down before the market opened on Monday, closing at $18.98 and opening at $18.16. The stock last traded at $17.88, with a volume of 400,617 shares changing hands [2]. Several analysts have recently downgraded DAQO New Energy, with Wall Street Zen, HSBC, Goldman Sachs, and Hsbc Global Res all issuing negative ratings. Despite these downgrades, the consensus rating remains "Moderate Buy" with an average target price of $21.01 [2].

Technical indicators also suggest a potential shift in the stock's momentum. The 15-minute chart of DQ has shown a narrowing of Bollinger Bands, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the KDJ indicator has crossed over from an upward trend to a downward trend, signaling a shift in the stock's momentum towards the downside [3]. This suggests that the stock may experience a period of reduced volatility accompanied by a decline in its momentum.

Institutional investors have also shown recent activity in the stock. Several hedge funds and other institutional investors have bought and sold shares of DAQO New Energy, with significant changes in holdings reported in the fourth quarter [2]. Generali Investments CEE, American Century Companies Inc., AI Squared Management Ltd, O Shaughnessy Asset Management LLC, and Diametric Capital LP have all made notable adjustments to their positions in the stock.

References:
[1] https://www.investors.com/ibd-data-stories/stocks-to-watch-daqo-new-energy-adr-sees-relative-strength-rating-rise-to-81-2/
[2] https://www.marketbeat.com/instant-alerts/daqo-new-energy-nysedq-shares-gap-down-heres-why-2025-07-07/
[3] [Provided Writing Topic]