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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

DigitalOcean Holdings, Inc. (NYSE:DOCN)

Countertrend Down (-85) - DOCN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NYSE_DOCN
Open High Low DOCN Price Change
24.29 24.60 23.83 24.05 +0.24
Entry Signal

MarketClub’s Trade Triangles for DOCN

long term down The long-term trend has been DOWN since Aug 25th, 2023 at 30.5700

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2023 at 44.2832

short term up The short-term trend has been UP since Sep 29th, 2023 at 24.2800

Smart Scan Analysis for DOCN

Based on our trend formula, DOCN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DOCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.29 24.60 23.83 24.05 +0.24
Prev. Close Volume Bid Ask Time
24.03 741496 2023-09-29 15:59:50
52wk High51.6952wk High Date2023-07-19
52wk Low22.8152wk Low Date2023-09-27
Average Volume1,797,305Shares Outstanding88,848
Assets149,790,300MLiabilities176,548,200M
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