Free Daily Analysis
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.
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MarketClub’s Trade Triangles for DOCN
The long-term trend has been DOWN since Aug 25th, 2023 at 30.5700
The intermediate-term trend has been DOWN since Aug 4th, 2023 at 44.2832
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).
| 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 High | 51.69 | 52wk High Date | 2023-07-19 |
| 52wk Low | 22.81 | 52wk Low Date | 2023-09-27 |
| Average Volume | 1,797,305 | Shares Outstanding | 88,848 |
| Assets | 149,790,300M | Liabilities | 176,548,200M |