TABLEAU SOFTWARE INC (DATA) Technical Analysis
NYSE:DATA
Current stock price
DATA Technical Rating and Analysis
Overall DATA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DATA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, DATA did better than 97% of all other stocks. On top of that, DATA also shows a nice and consistent pattern of rising prices.
- 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 Weekly and Daily overview Charts
DATA Setup Rating and Analysis
Besides having an excellent technical rating, DATA 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.
More info and screens
DATA Support and Resistance Analysis
116.40
We found 2 important support 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.
When analyzing the resistance we notice one important 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.
DATA Technical Indicator Signal Analysis
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. |
DATA Chart- and CandleStick Pattern Analysis
DATA Example Setup
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 trade has a worst case loss of 3.49 points, which is 2.02%. | For a 0.50% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
DATA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:DATA (8/1/2019, 8:04:07 PM)
169.53
0 (0%)
TABLEAU SOFTWARE INC / DATA TA 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.
What is the RSI signal for DATA stock?
TABLEAU SOFTWARE INC (DATA) has an RSI value of 52.0864. This indicates that the stock is currently neutral.
What is the short term momentum for DATA stock?
The short term momentum for TABLEAU SOFTWARE INC (DATA) is 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.