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DDOG Stock Forecast & Datadog Chart Analysis

This article provides a detailed analysis of DDOG-Datadog stock including a forecast for DDOG shares. It features Datadog, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

DDOG Historical Data Review

DDOG Current Price Performance Analysis

The Datadog - DDOG stock traded on the American stock market, on 06-05-2024, closed at 110.48$ with a %1.51 increased compared to the previous day.

In the last month, the price of DDOG changed by %-12.99 decreased in value, from 126.97 dollars on 05-06-2024 to 110.48 dollars, decreased.

Last year, the price of DDOG was 101.85 dollars on 06-06-2023, and changed by %8.47 increased in value, to 110.48 dollars increased within a year.

The price of Datadog stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

DDOG with AI Stock Forecast & Price Target

DDOG stock forecast Datadog price target

On the DDOG chart Datadog price was recorded as 110.48 Dollars on 06/05/2024.

The artificial intelligence's forecast on DDOG stock is as follows.

The artificial intelligence's prediction error margin for DDOG stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Datadog stock over the next 4 months is: 209.4 Dollars.

The commentary on DDOG stock Target Price: Highest: 251.29 Dollars is predicted.

The commentary on DDOG stock Target Price: Lowest: 133.97 Dollars is predicted.

Resistance Price where Datadog stock will Rise and Fall:

Date Price Prediction
07-30-2024 172.439
11-07-2024 251.290
01-06-2025 242.508
02-20-2025 242.504

Support Price where Datadog stock will Fall and Rise:

Date Price Prediction
08-19-2024 170.240
12-12-2024 225.575
01-31-2025 235.032
03-27-2025 195.271

The commentary on DDOG stock: The target price can generally be said to be on the rise.

The commentary on DDOG stock: Fluctuations in the target price can be expected in the coming days.

The target price for Datadog stock by the end of 2024 is predicted to be 238.133 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on DDOG stock, and the 2024 target price predictions for Datadog are detailed above.

The technical analysis and charts for the commentary on DDOG stock are below.

DDOG Support & Resistance and Trend Analysis

DDOG review Datadog technical analysis trend chart DDOG priceDDOG stock support and resistance price chart

DDOG stock you have reviewed the technical analysis support resistance charts regarding.

DDOG : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the DDOG review, the Datadog support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Datadog Support and Resistance Prices:

DDOG Support Level Price DDOG Resistance Level Price
110.34 123.82
110.69 124.69
112.25 125.44
118.40 127.46
118.46 131.58
118.74 132.90
118.75 134.30
119.34 136.07
120.78 137.93
123.43 138.61

DDOG Technical Analysis: SMA, RSI, MACD

DDOG review Datadog SMA chart analysis DDOG priceDDOG buy or sell review Datadog MACD chart analysis DDOG price

Upon reviewing the DDOG chart, buy and sell signals have been generated in the Datadog technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for DDOG stock are as follows:
  1. The technical analysis for DDOG indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Datadog indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.