Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
DigitalOcean Holdings, Inc. (NYSE:DOCN)
Long-Term Uptrend (+90) - DOCN is in a strong uptrend that is likely to continue. While DOCN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for DOCN
The long-term trend has been UP since Jun 16th, 2021 at 46.3499
The intermediate-term trend has been UP since Aug 30th, 2021 at 60.0000
The short-term trend has been UP since Oct 6th, 2021 at 81.8100
Smart Scan Analysis for DOCN
Based on our trend formula, DOCN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||94.78||52wk High Date||2021-10-19|
|52wk Low||35.35||52wk Low Date||2021-05-13|
|Average Volume||1,868,003||Shares Outstanding||107,340|