The intrinsic value of one DDOG stock under the Base Case scenario is 42.83 USD.
Out of 19 analysts, 9 (47.37%) are recommending DDOG as a Strong Buy, 8 (42.11%) are recommending DDOG as a Buy, 2 (10.53%) are recommending DDOG as a Hold, 0 (0%) are recommending DDOG as a Sell, and 0 (0%) are recommending DDOG as a Strong Sell.
Datadog is trying to put end to what has been a vicious Stage 4 downtrend.
The stock fell 68% in last year’s bear market but is now rising quickly off the lows.
DDOG has reclaimed its 200-day moving average (white line on chart) for the first time in over a year after reporting better-than-expected earnings numbers last week.
The stock has stalled just under...
- DDOG as broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- DDOG has broken a resistance level and given a positive signal for the long-term trading range.
- DDOG has marginally broken up through resistance at 87.00.
- Positive volume balance, with high volume on days of rising prices and low volume...
It could see some more pullback, but still a great place to take position here. Looking for 20% upside for 2- 3 months hold period. The market is very skittish and next week's tech earnings report could reveal if traders are prepared to bid up.
DDOG is exhibiting a steady decline of -50% price cut every 180d (6m) since early 2022, the beginning of bear market.
If the trend character resumes and fundamentals remain challenged, we shall see DDOG hit pre-covid high before the 3rd 180d window ends.
DDOG can do the PTON move. ZM, FVRR, SPLK, BIG, PTON have all been stocks doing this pattern. Its like a H and S with a solid long term support line. Makes a shoulder, head, then small shoulder and breaks down.
Price was in a crooked W pattern which is probably an Alternative Bat that terminated just above the 1.113. Valley 1 is higher than valley 1.
Price is above the .618 and below the 50% mark of the trend up.
No recommendation.
Ugly red candle today.
Short interest is around 5.5%
Saw a lot of action on $DDOG 2 Day OTM $97 Calls today. BIG Money sweeps. They aint look like hedges. Competitors had good quarters so expect their numbers to be GREAT - Also technicals are SCREAMING pump. Mediocre numbers and Calls print.
![DDOG: DDOG - Rising Trend Channel [MID TERM]](https://s3.tradingview.com/i/io6TERkH_mid.png "DDOG - Rising Trend Channel [MID TERM]")
