DIGITALOCEAN HOLDINGS INC (DOCN)

US25402D1028 - Common Stock

33.51  +1.07 (+3.3%)

Premarket: 34 +0.49 (+1.46%)

Technical Rating and Analysis

1

Taking everything into account, DOCN scores 1 out of 10 in our technical rating. DOCN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DOCN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
DOCN has an average volume of 1032120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, DOCN turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
DOCN is an average performer in the IT Services industry, it outperforms 65% of 86 stocks in the same industry.
DOCN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DOCN is lagging the market slightly.
Weekly and Daily overview Charts
DOCN Weekly chart
DOCN Daily chart
Setup Rating and Analysis

3

The technical rating of DOCN 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.

Support and Resistance Analysis

32.10

49.25

When analyzing the support we notice one important area.

  • A support zone ranging from 32.42 to 33.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 33.52 to 33.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @38.83 from a trend line in the daily time frame.
  • Resistance @40.88 from a horizontal line in the daily time frame.
  • Resistance @48.76 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.52
Mansfield-1.14
10 Day High35.52
10 Day Low31.42
20 Day High38.59
20 Day Low31.42
52 Week High51.69
52 Week Low19.39
Performance
1 Week3.33%
2 Weeks-4.56%
1 Month-12.23%
3 Month1.55%
6 Month63.15%
12 Month6.25%
2 Year-15.01%
3 Year-23.09%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)38.89
LBB30.83
UBB37.02
DOCN Daily chart

DIGITALOCEAN HOLDINGS INC

NYSE:DOCN (4/26/2024, 7:04:00 PM)

Premarket: 34 +0.49 (+1.46%)

33.51

+1.07 (+3.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg3.3%
1 Week3.33%
2 Weeks-4.56%
1 Month-12.23%
3 Month1.55%
6 Month63.15%
12 Month6.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.28
ATR(20)%3.73%
ATR Inc
Range Today1.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High35.52
10 Day Low31.42
20 Day High38.59
20 Day Low31.42
52 Week High51.69
52 Week Low19.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume826.70K
Volume Incr11.22%
Vol(5)821.48K
Vol(50)1.03M