DOMO INC - CLASS B (DOMO) Stock Technical Analysis
USA - NASDAQ:DOMO - US2575541055 - Common Stock
Overall DOMO gets a technical rating of 3 out of 10. Although DOMO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DOMO has a poor technical rating and the quality of the setup is also only medium 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.
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6.55
We found 3 important support areas.
- Support @12.69 from a trend line in the daily time frame.
- A support zone ranging from 12.16 to 12.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @14.02 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 | NEUTRAL | NEUTRAL | The long term trend for DOMO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOMO is down. |
| ChartMill Relative Strength | 85.81 | POSITIVE | DOMO has a high relative strength, it outperformed 85.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DOMO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DOMO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.98 | NEUTRAL | The RSI value for DOMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests DOMO has a positive trend. |
| Stochastics (14,3) | 73.21 | NEUTRAL | The Stochastics value for DOMO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for DOMO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for DOMO suggests a weak or negative trend. |
13.72
-0.17 (-1.22%)
DOMO INC - CLASS B / DOMO FAQ
Can you provide the ChartMill technical rating for DOMO INC - CLASS B?
ChartMill assigns a technical rating of 3 / 10 to DOMO.
Can you provide the trend direction for DOMO INC - CLASS B?
The current trend direction for DOMO INC - CLASS B (DOMO) is Bearish.
What is the RSI signal for DOMO stock?
DOMO INC - CLASS B (DOMO) has an RSI value of 44.9807. This indicates that the stock is currently neutral.
What is the support and resistance level for DOMO stock?
DOMO INC - CLASS B (DOMO) has a support level at 12.69 and a resistance level at 14.02. Check the full technical report for our detailed analysis of DOMO support and resistance levels.