Datadog drops 7.8% as the MACD slips below Signal after 17 weeks
Datadog stock drops 7.8% as the MACD breaks below Signal after a 17-week bullish run
Our view last week
After last week's 12.7% slide, Datadog stock bounces back 9.2%, with buyers back in control (77% of volume) and a bounce off the daily EMA20 that lifted the stock 7% off its lows near 239. This week's technical analysis isn't all upside though: weekly momentum turns negative and money flow stays weak despite the rally. The trade still runs at +97% since entry, in its 16th week of management.
This week's summary
After last week's 9.2% rebound, Datadog stock is back on the back foot: down 7.8% this week, with sellers slightly ahead on the last candle and volumes contracting. The sharper signal comes from the weekly MACD, which breaks below its Signal line after 17 weeks above it — a shift worth watching. ADX, though, keeps climbing, now 16 weeks running, a sign the underlying trend hasn't broken yet.
IQS Phase
42
ordinary
Signal Strength
87
high · wide & volatile
Sizing
FULL
Ranking
#7 / 167
US stocks in progress
Trade P&L %
+81.97%
from signal to date, no stop loss
Rank position
ranks 7th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 87 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
DDOG belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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