DATADOG INC - CLASS A (DDOG) Stock Technical Analysis
NASDAQ:DDOG - Nasdaq - US23804L1035 - Common Stock - Currency: USD
Overall DDOG gets a technical rating of 8 out of 10. DDOG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
In the last month DDOG has a been trading in the 113.30 - 131.76 range, which is quite wide. It is currently trading near the high of this range.
DDOG has an average volume of 4889710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DDOG did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
DDOG is an average performer in the Software industry, it outperforms 69% of 284 stocks in the same industry.
DDOG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DDOG is lagging the market slightly.
Although DDOG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
87.96
131.35
We found 3 important support areas.
- A support zone ranging from 122.93 to 123.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 118.63 to 120.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @130.05 from a horizontal 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 | 81.91 | POSITIVE | DDOG has a high relative strength, it outperformed 81.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DDOG is above 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) | 66.52 | NEUTRAL | The RSI value for DDOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests DDOG has a positive trend. |
| Stochastics (14,3) | 89.19 | OVERBOUGHT | The high Stochastics value suggests DDOG may be overbought. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for DDOG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.82 | POSITIVE | The high ADX value value for DDOG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
127.5
-2.54 (-1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.95%
1 Week3.93%
2 Weeks4.72%
1 Month12.15%
3 Month21.39%
6 Month-14.69%
12 Month8.45%
2 Year29.6%
3 Year33.87%
5 Year46.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.73
ATR(20)%2.74%
ATR Inc52.54%
Range Today4.71
ADR(20)3.29
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.91
Mansfield0.05
10 Day High131.76
10 Day Low118.14
20 Day High131.76
20 Day Low113.3
52 Week High170.08
52 Week Low81.63
CS1 End123.58
CR1 Start130.05
Volume & EV
DER(3)-0.61%
DER(5)0.57%
Volume5.22M
Volume Incr20.7%
Vol(5)5.13M
Vol(50)4.89M