DATADOG INC - CLASS A (DDOG) Stock Technical Analysis
NASDAQ:DDOG - Nasdaq - US23804L1035 - Common Stock - Currency: USD
Taking everything into account, DDOG scores 6 out of 10 in our technical rating. DDOG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month DDOG has a been trading in the 129.36 - 152.24 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DDOG is part of the Software industry. There are 282 other stocks in this industry. DDOG outperforms 70% of them.
DDOG has an average volume of 7660760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DDOG is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
DDOG has an average technical rating and it also 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
88.54
158.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 130.90 to 130.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @89.43 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 149.85 to 152.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @156.91 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 | NEUTRAL | NEUTRAL | The short term trend for DDOG is neutral. |
| ChartMill Relative Strength | 78.33 | POSITIVE | DDOG has a high relative strength, it outperformed 78.33% 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) | UP | MIXED | The current price of DDOG is below 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) | 40.51 | NEUTRAL | The RSI value for DDOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.25 | NEGATIVE | The MACD value suggests DDOG has a negative trend. |
| Stochastics (14,3) | 17.71 | OVERSOLD | The low Stochastics value suggests DDOG may be oversold. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for DDOG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.61 | NEUTRAL | The ADX value for DDOG suggests a possible start of a new 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)
130.91
-5.47 (-4.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.01%
1 Week-3.46%
2 Weeks-12.63%
1 Month-4.7%
3 Month21.35%
6 Month-8.23%
12 Month16.59%
2 Year35.69%
3 Year24.74%
5 Year56.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.93
ATR(20)%3.99%
ATR Inc227.06%
Range Today10.39
ADR(20)4.77
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.33
Mansfield-0.39
10 Day High152.24
10 Day Low129.36
20 Day High152.24
20 Day Low129.36
52 Week High170.08
52 Week Low81.63
CS1 End130.9
CR1 Start149.85
Volume & EV
DER(3)1.34%
DER(5)1.05%
Volume10.87M
Volume Incr-10.79%
Vol(5)8.79M
Vol(50)7.66M