DATADOG INC - CLASS A (DDOG) Stock Technical Analysis
NASDAQ:DDOG • US23804L1035
Taking everything into account, DDOG scores 0 out of 10 in our technical rating. DDOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than DDOG.
- DDOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- DDOG has an average volume of 5851500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DDOG is an average performer in the Software industry, it outperforms 63% of 275 stocks in the same industry.
- In the last month DDOG has a been trading in the 98.01 - 133.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of DDOG is bad and it also does not present a 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
110.57
We found 1 important support area.
- Support @111.69 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 115.16 to 118.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 125.20 to 128.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @130.35 from a trend line in the daily time frame.
- Resistance @141.44 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 | DOWN | NEGATIVE | The long term trend for DDOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DDOG is down. |
| ChartMill Relative Strength | 17.41 | NEGATIVE | DDOG has a low relative strength, it was outperformed by 82.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DDOG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DDOG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DDOG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for DDOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests DDOG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.07 | NEUTRAL | The Stochastics value for DDOG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for DDOG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for DDOG suggests a weak or negative trend. |
111.96
-4.5 (-3.86%)
DATADOG INC - CLASS A / DDOG FAQ
What is the technical rating for DDOG stock?
ChartMill assigns a technical rating of 0 / 10 to DDOG.
What is the current trend direction of DATADOG INC - CLASS A (DDOG) stock?
The current trend direction for DATADOG INC - CLASS A (DDOG) is Bearish.
What is the RSI signal for DDOG stock?
DATADOG INC - CLASS A (DDOG) has an RSI value of 42.7534. This indicates that the stock is currently neutral.
What is the MACD signal for DATADOG INC - CLASS A (DDOG) stock?
The MACD indicator for DATADOG INC - CLASS A (DDOG) has a value of -0.366677, indicating a bearish trend.
What is the buy/sell signal for DDOG stock?
The buy/sell signal for DATADOG INC - CLASS A (DDOG) is sell as both the short term and long term trends are negative.