DATADOG INC - CLASS A (DDOG) Stock Technical Analysis
NASDAQ:DDOG • US23804L1035
We assign a technical rating of 0 out of 10 to DDOG. DDOG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DDOG is a bad performer in the overall market: 86% of all stocks are doing better.
- 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.
- In the last month DDOG has a been trading in the 101.44 - 143.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- DDOG has an average volume of 5584890 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 60% of 274 stocks in the same industry.
The technical rating of DDOG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
101.59
3 important resistance areas can be observed.
- A resistance zone ranging from 120.56 to 123.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @132.29 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 | 14.32 | NEGATIVE | DDOG has a low relative strength, it was outperformed by 85.68% 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) | 31.75 | NEUTRAL | The RSI value for DDOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests DDOG has a negative trend. |
| Stochastics (14,3) | 31.15 | NEUTRAL | The Stochastics value for DDOG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for DDOG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for DDOG suggests a weak or negative trend. |
102.615
-13.05 (-11.28%)
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 31.753. 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 -0.831726, 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.