DDOG Technical Analysis - DATADOG INC - CLASS A

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to DDOG. Both in the recent history as in the last year, DDOG has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

DDOG is part of the Software industry. There are 282 other stocks in this industry. DDOG outperforms 72% of them.

DDOG 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.

In the last month DDOG has a been trading in the 132.28 - 166.89 range, which is quite wide. It is currently trading near the high of this range.

DDOG has an average volume of 5065560 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 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DATADOG INC - CLASS A / DDOG Weekly stock chart

DATADOG INC - CLASS A / DDOG Daily stock chart

Setup Rating and Analysis

Although DDOG has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

130.67

165.48

We found 3 important support areas.

A support zone ranging from 143.81 to 145.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 136.07 to 140.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @131.99 from a trend line in the daily time frame.

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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 DDOG is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DDOG is up.
ChartMill Relative Strength	82.41	POSITIVE	DDOG has a high relative strength, it outperformed 82.41% 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)	64.82	NEUTRAL	The RSI value for DDOG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.88	POSITIVE	The MACD value suggests DDOG has a positive trend, although the MACD value is declining.
Stochastics (14,3)	89.28	OVERBOUGHT	The high Stochastics value suggests DDOG may be overbought.
Average True Range in percent/ATR (20)	3.41	MEDIUM VOLATILITY	The ATR as a percentage value for DDOG suggests some volalility.
Average Directional Index/ADX (14)	34.39	POSITIVE	The high ADX value value for DDOG suggests a strong trend.