Datadog Inc (DDOG): Price Now Near $112.77; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for DDOG

At the moment, DDOG (Get Ratings)’s price is down $-0.33 (-0.29%) from the hour prior. DDOG has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

DDOG ranks 31st in terms of today’s price percentage change out of Business Services stocks.

DDOG’s Technical Outlook on the Daily Chart

Currently, DDOG’s price is up $1.2 (1.07%) from the day prior. The daily chart shows that DDOG has seen 2 straight up days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows DDOG’s price action over the past 90 days.

DDOG

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DDOG: Daily RSI Analysis

  • DDOG’s RSI now stands at 80.0752.
  • DDOG and RSI may be exhibiting divergent trends. This may be something to monitor.

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