DOMO INC - CLASS B (DOMO) Technical Analysis
NASDAQ:DOMO • US2575541055
Overall DOMO gets a technical rating of 0 out of 10. DOMO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than DOMO.
- DOMO is part of the Software industry. There are 277 other stocks in this industry, of which 78% are performing better than DOMO.
- DOMO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DOMO is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- DOMO has an average volume of 1204210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DOMO has a been trading in the 3.45 - 5.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DOMO has a poor technical rating and the quality of the setup is also not perfect 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
4.18
When analyzing the resistance we notice one important area.
- Resistance @4.32 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 DOMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOMO is down. |
| ChartMill Relative Strength | 5.24 | NEGATIVE | DOMO has a low relative strength, it was outperformed by 94.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DOMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DOMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DOMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.4 | NEUTRAL | The RSI value for DOMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests DOMO has a positive trend. |
| Stochastics (14,3) | 65.43 | NEUTRAL | The Stochastics value for DOMO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.41 | HIGH VOLATILITY | The high ATR as a percentage value for DOMO suggests high volalility. |
| Average Directional Index/ADX (14) | 44.13 | POSITIVE | The high ADX value value for DOMO suggests a strong trend. |
DOMO Technicals: Chart, Performance Metrics, Trend & Indicators
4.22
-0.09 (-2.09%)
DOMO INC - CLASS B / DOMO FAQ
Can you provide the ChartMill technical rating for DOMO INC - CLASS B?
ChartMill assigns a technical rating of 0 / 10 to DOMO.
What is the current trend direction of DOMO INC - CLASS B (DOMO) stock?
The current trend direction for DOMO INC - CLASS B (DOMO) is Bearish.
Can you provide the RSI signal for DOMO INC - CLASS B?
DOMO INC - CLASS B (DOMO) has an RSI value of 42.3982. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DOMO INC - CLASS B?
The MACD indicator for DOMO INC - CLASS B (DOMO) has a value of 0.168155, indicating a bearish trend.
Can you provide the buy/sell signal for DOMO INC - CLASS B?
The buy/sell signal for DOMO INC - CLASS B (DOMO) is sell as both the short term and long term trends are negative.