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: Daily RSI Analysis
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