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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
DigitalOcean Holdings, Inc. (NYSE:DOCN)
Strong Downtrend (-100) - DOCN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DOCN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DOCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DOCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DOCN
The long-term trend has been DOWN since Apr 19th, 2024 at 32.58
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 38.16
The short-term trend has been DOWN since May 8th, 2024 at 33.94
Smart Scan Analysis for DOCN
Based on our trend formula, DOCN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.000 | 34.830 | 33.690 | 33.715 | -1.115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.670 | 1486879 | 2024-05-08 15:59:34 |
| 52wk High | 51.69 | 52wk High Date | 2023-07-19 |
| 52wk Low | 19.39 | 52wk Low Date | 2023-11-01 |
| Average Volume | 1,695,307 | Shares Outstanding | 90,797 |
| Assets | 146,096,700M | Liabilities | 177,466,500M |
| P/E Ratio | 174.15 |