TABLEAU SOFTWARE INC (DATA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DATA -
Overall DATA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DATA is showing a nice and steady performance.
- In the last month DATA has a been trading in the 166.47 - 177.59 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, DATA did better than 97% of all other stocks. We also observe that the gains produced by DATA over the past year are nicely spread over this period.
- DATA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- DATA has an average volume of 2058730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DATA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 176.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 169.52, a Stop Loss order could be placed below this zone.
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116.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 169.52 to 169.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 117.58 to 117.73. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 176.15 to 176.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DATA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DATA is up. |
| ChartMill Relative Strength | 97.49 | POSITIVE | DATA has a high relative strength, it outperformed 97.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DATA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DATA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DATA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.09 | NEUTRAL | The RSI value for DATA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.66 | NEGATIVE | The MACD value suggests DATA has a negative trend. |
| Stochastics (14,3) | 23.17 | NEUTRAL | The Stochastics value for DATA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for DATA suggests some volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 173.00 | 169.51 | 3.49 (2.02%) | 25.00% |
| An entry @173.00. This is a Buy Stop order right above the 10 day moving average. | An exit @169.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.49 points, which is 2.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- The distance between exit and entry is rather small compared to the average daily movement of DATA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:DATA (8/1/2019, 8:04:07 PM)
169.53
0 (0%)
TABLEAU SOFTWARE INC / DATA FAQ
What is the ChartMill technical rating of TABLEAU SOFTWARE INC (DATA) stock?
ChartMill assigns a technical rating of 9 / 10 to DATA.
Can you provide the trend direction for TABLEAU SOFTWARE INC?
The current trend direction for TABLEAU SOFTWARE INC (DATA) is Bullish.
Can you provide the RSI signal for TABLEAU SOFTWARE INC?
TABLEAU SOFTWARE INC (DATA) has an RSI value of 52.0864. This indicates that the stock is currently neutral.
What is the buy/sell signal for DATA stock?
The buy/sell signal for TABLEAU SOFTWARE INC (DATA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for DATA stock?
TABLEAU SOFTWARE INC (DATA) has a support level at 169.52 and a resistance level at 176.15. Check the full technical report for our detailed analysis of DATA support and resistance levels.