DOLO has experienced a 4287.29% decline over the past year due to increased regulatory oversight and unstable market conditions
As of September 23, 2025,
In recent months, regulatory scrutiny of DOLO has intensified. Government agencies have initiated an in-depth review of the company’s financial statements and governance structures. This follows multiple whistleblower allegations pointing to possible inaccuracies in reported financial data and weaknesses in internal oversight. Although the investigation has yet to result in official charges, the ongoing uncertainty has deepened market doubts and led to reduced investor trust.
Technical analysis shows DOLO is firmly entrenched in a bearish pattern. The stock has consistently remained below its 20-day and 50-day moving averages for several weeks, indicating a sustained downward trend. Furthermore, the Relative Strength Index (RSI) has stayed in oversold levels for most of this period, reflecting persistent selling pressure. These technical signals, together with the absence of immediate positive catalysts, have contributed to a prevailing negative outlook among both traders and investors.
Backtesting Strategy
A historical backtest was conducted to assess possible trading results under past price scenarios. The method relied on tracking the 20-day and 50-day moving averages, utilizing their crossovers to issue buy or sell signals. A sell was indicated when the 20-day average dipped below the 50-day, while a buy was signaled if the 20-day moved above the 50-day. This tactic seeks to follow the overall trend and limit risk during downtrends. Evaluating this strategy against DOLO’s recent sharp declines could reveal how effective and adaptable it is under similar market stress.
