DOMO INC - CLASS B (DOMO) Stock Technical Analysis
NASDAQ:DOMO - Nasdaq - US2575541055 - Common Stock - Currency: USD
Taking everything into account, DOMO scores 7 out of 10 in our technical rating. In the last year, DOMO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month DOMO has a been trading in the 13.77 - 16.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, DOMO did better than 94% of all other stocks.
DOMO is part of the Software industry. There are 283 other stocks in this industry. DOMO outperforms 89% of them.
DOMO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DOMO is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although DOMO has an excellent technical rating, it does not present a decent entry opportunity 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
6.55
14.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.11 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.62 to 6.62. 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 DOMO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOMO is down. |
| ChartMill Relative Strength | 94.32 | POSITIVE | DOMO has a high relative strength, it outperformed 94.32% 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) | 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) | 39.4 | NEUTRAL | The RSI value for DOMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests DOMO has a negative trend. |
| Stochastics (14,3) | 12.83 | OVERSOLD | The low Stochastics value suggests DOMO may be oversold. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for DOMO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.81 | POSITIVE | The high ADX value value for DOMO suggests a strong 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)
14.12
-0.02 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.14%
1 Week-11.58%
2 Weeks-12.35%
1 Month-13.32%
3 Month57.41%
6 Month56.02%
12 Month72.62%
2 Year32.46%
3 Year-26.69%
5 Year-65.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%5.46%
ATR Inc-30.39%
Range Today0.51
ADR(20)0.75
ADR(20)%5.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.32
Mansfield3.72
10 Day High16.95
10 Day Low13.77
20 Day High16.95
20 Day Low13.77
52 Week High16.95
52 Week Low6.01
CS1 End14.11
CR1 StartN/A
Volume & EV
DER(3)-2.32%
DER(5)-3.71%
Volume377.80K
Volume Incr-19.32%
Vol(5)533.72K
Vol(50)658.59K