DATADOG INC - CLASS A (DDOG) Stock Technical Analysis
USA - NASDAQ:DDOG - US23804L1035 - Common Stock
Taking everything into account, DDOG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DDOG is showing a nice and steady performance.
DDOG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 152.08, a Stop Loss order could be placed below this zone.
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133.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 151.16 to 152.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 147.09 to 148.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @135.16 from a trend line in the daily time frame.
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 DDOG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DDOG is up. |
| ChartMill Relative Strength | 86.12 | POSITIVE | DDOG has a high relative strength, it outperformed 86.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DDOG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DDOG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DDOG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.33 | NEUTRAL | The RSI value for DDOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests DDOG has a negative trend. |
| Stochastics (14,3) | 73 | NEUTRAL | The Stochastics value for DDOG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for DDOG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for DDOG suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 165.59 | 152.56 | 13.03 (7.87%) | 12.71% |
| An entry @165.59. This is a Buy Stop order right above the 10 day high. | An exit @152.56. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 13.03 points, which is 7.87%. | When investing 12.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
157.51
-4.57 (-2.82%)
DATADOG INC - CLASS A / DDOG FAQ
What is the ChartMill technical rating of DATADOG INC - CLASS A (DDOG) stock?
ChartMill assigns a technical rating of 10 / 10 to DDOG.
What is the trend direction for DDOG stock?
The current trend direction for DATADOG INC - CLASS A (DDOG) is Bullish.
What is the RSI signal for DDOG stock?
DATADOG INC - CLASS A (DDOG) has an RSI value of 54.3349. This indicates that the stock is currently neutral.
What is the short term momentum for DATADOG INC - CLASS A (DDOG) stock?
The short term momentum for DATADOG INC - CLASS A (DDOG) is positive.
Can you provide the buy/sell signal for DATADOG INC - CLASS A?
The buy/sell signal for DATADOG INC - CLASS A (DDOG) is buy as both the short term and long term trends are positive.