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Stock Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
DigitalOcean Holdings, Inc. (NYSE:DOCN)
Sidelines Mode (+55) - DOCN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since May 13th, 2024 at 36.59
The short-term trend has been DOWN since May 17th, 2024 at 37.07
Smart Scan Analysis for DOCN
Based on our trend formula, DOCN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.420 | 37.480 | 36.655 | 36.965 | -0.355 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.000 | 914229 | 2024-05-17 15:59:07 |
| 52wk High | 51.69 | 52wk High Date | 2023-07-19 |
| 52wk Low | 19.39 | 52wk Low Date | 2023-11-01 |
| Average Volume | 2,273,058 | Shares Outstanding | 91,091 |
| Assets | 146,096,700M | Liabilities | 177,466,500M |
| P/E Ratio | 186.6 |