DATADOG INC - CLASS A (DDOG) Stock Technical Analysis
USA - NASDAQ:DDOG - US23804L1035 - Common Stock
138.82 USD
+2.01 (+1.47%)
138.5 USD
-0.32 (-0.23%)
We assign a technical rating of 6 out of 10 to DDOG. Although DDOG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
DDOG has an average volume of 5151170 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 71% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DDOG is part of the Software industry. There are 279 other stocks in this industry, DDOG did better than 60% of them.
DDOG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DDOG is lagging the market.
In the last month DDOG has a been trading in the 126.25 - 145.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DDOG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 137.91, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
89.03
156.71
4 important support areas can be observed.
- A support zone ranging from 133.53 to 137.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 127.24 to 129.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @124.51 from a horizontal line in the daily time frame.
- Support @89.93 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @140.96 from a horizontal line in the daily time frame.
- A resistance zone ranging from 149.98 to 151.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 155.16 to 155.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for DDOG is neutral. |
| ChartMill Relative Strength | 71.81 | POSITIVE | DDOG has a high relative strength, it outperformed 71.81% 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) | DOWN | MIXED | The current price of DDOG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.2 | NEUTRAL | The RSI value for DDOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests DDOG has a positive trend. |
| Stochastics (14,3) | 46.97 | NEUTRAL | The Stochastics value for DDOG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for DDOG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for DDOG suggests a weak or negative 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)
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 |
|---|---|---|---|
| 140.97 | 133.52 | 7.45 (5.28%) | 18.92% |
| An entry @140.97. This is a Buy Stop order right above the resistance zone. | An exit @133.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.45 points, which is 5.28%. | For a 1.00% total portfolio risk, you can invest 18.92% of your capital in this trade. |
- 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.
138.82
+2.01 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.47%
1 Week1.7%
2 Weeks2.01%
1 Month7.49%
3 Month8.88%
6 Month32.17%
12 Month20.97%
2 Year52.4%
3 Year56.36%
5 Year35.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.04
ATR(20)%3.19%
ATR Inc-34.04%
Range Today3.22
ADR(20)3.89
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.81
Mansfield-0.24
10 Day High145.16
10 Day Low132.28
20 Day High145.16
20 Day Low126.25
52 Week High170.08
52 Week Low81.63
CS1 End137.91
CR1 Start140.96
Volume & EV
DER(3)-0.07%
DER(5)-0.11%
Volume10.12M
Volume Incr29.66%
Vol(5)5.44M
Vol(50)5.15M