Logo image of DOCN

DIGITALOCEAN HOLDINGS INC (DOCN) Stock Technical Analysis

NYSE:DOCN - New York Stock Exchange, Inc. - US25402D1028 - Common Stock - Currency: USD

41.97  +1.83 (+4.56%)

After market: 41.97 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, DOCN scores 7 out of 10 in our technical rating. In the last year, DOCN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
DOCN 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 DOCN is lagging the market slightly.
In the last month DOCN has a been trading in the 32.90 - 42.81 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.
When comparing the performance of all stocks over the past year, DOCN turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
DOCN is an average performer in the IT Services industry, it outperforms 45% of 82 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
DIGITALOCEAN HOLDINGS INC / DOCN Weekly stock chart
DIGITALOCEAN HOLDINGS INC / DOCN Daily stock chart
Setup Rating and Analysis

2

Although DOCN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

33.65

44.45

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 37.18 to 38.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 33.99 to 34.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @42.76 from a trend line in the weekly time frame.
  • A resistance zone ranging from 43.97 to 44.01. 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
CRS67.19
Mansfield0.26
10 Day High42.82
10 Day Low32.99
20 Day High42.82
20 Day Low32.9
52 Week High44.8
52 Week Low26.63
Performance
1 Week12.64%
2 Weeks25.36%
1 Month16.81%
3 Month2.79%
6 Month46.29%
12 Month17.43%
2 Year43%
3 Year-26.8%
5 YearN/A
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)0.89
RSI(14)74.3
LBB31.21
UBB42.03
DIGITALOCEAN HOLDINGS INC / DOCN Daily stock chart

DIGITALOCEAN HOLDINGS INC

NYSE:DOCN (1/28/2025, 8:04:00 PM)

After market: 41.97 0 (0%)

41.97

+1.83 (+4.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg4.56%
1 Week12.64%
2 Weeks25.36%
1 Month16.81%
3 Month2.79%
6 Month46.29%
12 Month17.43%
2 Year43%
3 Year-26.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%3.99%
ATR Inc101.78%
Range Today3.2
ADR(20)1.53
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.19
Mansfield0.26
10 Day High42.82
10 Day Low32.99
20 Day High42.82
20 Day Low32.9
52 Week High44.8
52 Week Low26.63
CS1 End38.18
CR1 Start42.76
Volume & EV
DER(3)1.81%
DER(5)2.62%
Volume1.71M
Volume Incr91.92%
Vol(5)1.52M
Vol(50)853.23K