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.
The technical rating of DOMO is bad and it also does not present a quality setup 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
When analyzing the support we notice one important area.
- Support @6.62 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.05 to 9.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.44 from a trend 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 | 17.81 | NEGATIVE | DOMO has a low relative strength, it was outperformed by 82.19% 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) | UP | MIXED | The current price of DOMO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.18 | OVERSOLD | The low RSI value suggests DOMO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DOMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.48 | OVERSOLD | The low Stochastics value suggests DOMO may be oversold. |
| Average True Range in percent/ATR (20) | 7.64 | HIGH VOLATILITY | The high ATR as a percentage value for DOMO suggests high volalility. |
| Average Directional Index/ADX (14) | 43.64 | POSITIVE | The high ADX value value for DOMO suggests a strong trend. |
8.58
-0.05 (-0.58%)
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.
Can you provide the trend direction for DOMO INC - CLASS B?
The current trend direction for DOMO INC - CLASS B (DOMO) is Bearish.
What is the RSI signal for DOMO stock?
DOMO INC - CLASS B (DOMO) has an RSI value of 27.1797. This indicates that the stock is currently oversold.
What is the buy/sell signal for DOMO stock?
The buy/sell signal for DOMO INC - CLASS B (DOMO) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for DOMO INC - CLASS B (DOMO) stock?
DOMO INC - CLASS B (DOMO) has a support level at 6.62 and a resistance level at 9.05. Check the full technical report for our detailed analysis of DOMO support and resistance levels.