DOMO INC - CLASS B (DOMO) Stock Technical Analysis
NASDAQ:DOMO - Nasdaq - US2575541055 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to DOMO. Both in the recent history as in the last year, DOMO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DOMO did better than 97% of all other stocks.
DOMO is part of the Software industry. There are 282 other stocks in this industry. DOMO outperforms 94% of them.
DOMO is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DOMO is leading the market.
In the last month DOMO has a been trading in the 7.41 - 13.28 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
12.75
We found 2 important support areas.
- Support @6.79 from a horizontal line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for DOMO is up. |
| ChartMill Relative Strength | 97.34 | POSITIVE | DOMO has a high relative strength, it outperformed 97.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOMO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOMO is above 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) | 81.19 | OVERBOUGHT | The high RSI value suggests DOMO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests DOMO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.06 | OVERBOUGHT | The high Stochastics value suggests DOMO may be overbought. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for DOMO suggests some volalility. |
| Average Directional Index/ADX (14) | 33.84 | 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)
12.62
-0.17 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.33%
1 Week47.6%
2 Weeks47.09%
1 Month69.85%
3 Month66.05%
6 Month34.83%
12 Month89.49%
2 Year-6.17%
3 Year-60.41%
5 Year-50.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%4.83%
ATR Inc-15.97%
Range Today0.58
ADR(20)0.56
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.34
Mansfield5.35
10 Day High13.28
10 Day Low8.4
20 Day High13.28
20 Day Low7.41
52 Week High13.28
52 Week Low6.01
CS1 End6.79
CR1 StartN/A
Volume & EV
DER(3)-1.46%
DER(5)0.3%
Volume910.20K
Volume Incr611.55%
Vol(5)1.91M
Vol(50)513.97K