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
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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
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 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
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:- The technical analysis for DDOG indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- 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.
You have read the comments, technical analyses, target prices, and financial reports for Datadog stock: Click here to read more predictions on Lennar Corporation stock.
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