DATADOG INC - CLASS A (DDOG)

US23804L1035 - Common Stock

125.03  -1.06 (-0.84%)

Technical Rating and Analysis

7

Taking everything into account, DDOG scores 7 out of 10 in our technical rating. Although DDOG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month DDOG has a been trading in the 120.78 - 133.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DDOG has an average volume of 3527610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DDOG outperforms 63% of them, which is more or less in line with the market.
DDOG is part of the Software industry. There are 279 other stocks in this industry, DDOG did better than 49% of them.
DDOG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DDOG is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DDOG Weekly chart
DDOG Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, DDOG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 131.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 123.68, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

106.13

137.52

4 important support areas can be observed.

  • A support zone ranging from 120.42 to 123.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @112.87 from a trend line in the weekly time frame.
  • Support @109.25 from a trend line in the weekly time frame.
  • A support zone ranging from 107.20 to 107.20. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Strong resistance @131.46 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 134.91 to 136.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS63.02
Mansfield-0.73
10 Day High133.66
10 Day Low121.26
20 Day High133.66
20 Day Low120.78
52 Week High138.61
52 Week Low98.8
Performance
1 Week1.32%
2 Weeks2.3%
1 Month-1.58%
3 Month9.66%
6 Month5.01%
12 Month15.11%
2 Year66.39%
3 Year-29.28%
5 Year209.27%
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)-0.15
RSI(14)51.53
LBB121.24
UBB131.7
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
131.47121.2510.22 (7.77%)12.86%
An entry @131.47. This is a Buy Stop order right above the resistance zone.An exit @121.25. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 10.22 points, which is 7.77%.For a 1.00% total portfolio risk, you can invest 12.86% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DDOG Daily chart

DATADOG INC - CLASS A

NASDAQ:DDOG (11/18/2024, 1:35:09 PM)

125.03

-1.06 (-0.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.84%
1 Week1.32%
2 Weeks2.3%
1 Month-1.58%
3 Month9.66%
6 Month5.01%
12 Month15.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.96
ATR(20)%3.53%
ATR Inc
Range Today2.75
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 High133.66
10 Day Low121.26
20 Day High133.66
20 Day Low120.78
52 Week High138.61
52 Week Low98.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.36M
Volume Incr81.51%
Vol(5)6.29M
Vol(50)3.53M