#DDOG $Ddog120.30 above trendline breakout possible
121.50/123/124/127/130 can test if breakout sustain
DDOG trade ideas
DDOG going down to channel bottom ? DDOG technically is in a bear trend since Feb
Long term its in bullish channel but currently going through a channel down movement
Entry should be made only when a bullish reversal is confirmed . Currently its a falling knife
Next strongest and channel support is around 98 to 102 area if it bounces back from there then
safe entry would be at 130+
TP@ 155
Stop Loss 95 or 90
$DDOGNot financial advice.
NASDAQ:DDOG
Inside wedge or triangle, gap to fill on purple box also Fibonacci count.
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Thanks!
Datadog Beat Earnings Estimates President Steps DownDatadog ( NASDAQ:DDOG ), a monitoring and security platform for cloud applications, reported strong first-quarter earnings and revenue that exceeded expectations. The company's guidance was influenced by views, with Amit Agarwal being announced as the company's new president at the end of 2024. Datadog's ( NASDAQ:DDOG ) earnings for the March quarter were 44 cents per share, up 29% from the previous year. Revenue jumped 27% to $611 million, slightly accelerating for a second straight quarter. Analysts expected Datadog to report profit of 34 cents a share on revenue of $590 million. However, Datadog forecasted earnings of 35 cents versus estimates of 34 cents.
For the current quarter ending in June, Datadog ( NASDAQ:DDOG ) said it expects revenue of $622 million at the midpoint of guidance. Wall Street analysts predicted Q2 sales of $617 million. Datadog forecast earnings of 35 cents versus estimates of 34 cents. The company has a partnership with Amazon Web Services, the cloud computing unit of Amazon.com (AMZN).
Datadog's ( NASDAQ:DDOG ) financial results for the first quarter ended March 31, 2024, showed a 27% year-over-year revenue growth and continued product innovation across its platform. The company had about 3,340 customers with an ARR of $100,000 or more as of March 31, 2024. Amit Agarwal will be stepping down as President, remaining in his role until the end of 2024 to ensure continuity and a successful transition. After his departure, Agarwal is expected to join the Datadog Board of Directors.
Datadog ( NASDAQ:DDOG ) has also announced the general availability of IT Event Management, an addition to its suite of AIOps capabilities. With Event Management, Datadog intelligently consolidates, correlates, and enriches event alerts from Datadog and third-party tools into one consistent view so teams can proactively discover, understand, and resolve issues. The company has also published its annual State of DevSecOps 2024 report, which found that a surprising amount of organizations are not embracing automation when it comes to securing cloud deployments.
Datadog ( NASDAQ:DDOG ) has received the Google Cloud Technology Partner of the Year awards for AppDev - CloudOps and Marketplace - Infrastructure for the second consecutive year. The company has also announced the return of DASH, its annual user conference, to New York City.
Datadog's guidance for the second quarter and full year 2024 is as follows: revenue between $620 million and $624 million, non-GAAP operating income between $134 million and $138 million, and non-GAAP net income per share between $0.34 and $0.36.
Technical Outlook
Despite the Earnings Beat, Datadog ( NASDAQ:DDOG ) plummeted 11.88% in early market trading forming a downward gap. The stock's Relative Strength Index (RSI) is 34.25 which is down from 51.
5/6/24 - $ddog - only a dip buyer in tmr's AM print5/6/24 - vrockstar - hard to fade this sector winner. 15x sales is defn expensive esp if any miss/ guide lower. i do see potential for follow thru, however, on a beat so don't see the merit to a. shorting and/or b. selling any size into the print. i'm a v interested buyer here, would be looking for a guide to spook ppl a la other b2b names and target the low 100s region. hard to also ignore the gap at 80$/ which is only addressable in a total whiff and in that case, you'd probably need to wait a few days for the pods to unwind risk mgmt and we can be buyers on friday, not later tmr/ tues or wed. playing wait and see.
DDOG Datadog Options Ahead of EarningsIf you haven`t sold DDOG before the previous earnings:
Then analyzing the options chain and the chart patterns of DDOG Datadog prior to the earnings report this week,
I would consider purchasing the 125usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $9.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
DDOG shows bullish momentum 3 weeks before earnings LONGDDOG on a 120 minute chart is breaking above narrow Bollinger Bands as they begin to
release the squeeze. The relative volailitiy indicator shows red to green and increasing
volatility. The price volume indicators show the bullish trend while the TTM squeeze
just signaled green. I will tkae a long trade here focused on the price action leading to the
earnings report due May 3rd.
DDOG - Weekly Support Stock has H&Sh weekly (even monthly) pattern.
For now DDOG confirmed Support lvl as a flip. (118)
I want to see that base (118-139) being formed.
After that it might give a perfect opportunity.
$DDOG - potential head and shoulderNASDAQ:DDOG Another one with potential head and shoulder. It might probably retest $108 area. Just something to keep an eye on.
DDOG Datadog Options Ahead of EarningsAnalyzing the options chain and the chart patterns of DDOG Datadog prior to the earnings report this week,
I would consider purchasing the 125usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $16.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Datadog's Earnings Report: Navigating Through the Guidance DipDatadog ( NASDAQ:DDOG ), the New York-based software maker renowned for its monitoring and analytics platform, recently unveiled its fourth-quarter earnings, sending ripples through the investment community. While the company showcased robust performance in both earnings and revenue, its 2024 guidance fell short of expectations, triggering a temporary dip in NASDAQ:DDOG stock. Let's delve deeper into Datadog's financial narrative and decipher the implications of its guidance miss.
Earnings Triumph Amidst Guidance Headwinds:
Datadog's ( NASDAQ:DDOG ) fourth-quarter earnings painted a picture of resilience and growth. With earnings per share surging 70% year-over-year to 44 cents on an adjusted basis and revenue climbing 26% to $589.6 million, the company outpaced analyst projections. This stellar performance underscored Datadog's ( NASDAQ:DDOG ) prowess in catering to the evolving needs of software developers and IT departments.
Guidance Disappointment:
However, the spotlight swiftly shifted to Datadog's ( NASDAQ:DDOG ) 2024 guidance, which failed to meet Wall Street's expectations. While the company forecasted a profit of $1.41 per share at the midpoint, analysts had anticipated $1.77 per share. Similarly, Datadog's ( NASDAQ:DDOG ) revenue outlook of $2.565 billion fell short of the $2.586 billion projected by analysts. This deviation from consensus estimates injected a dose of uncertainty into the market, causing NASDAQ:DDOG stock to initially slide by 9%.
Analyzing the Numbers:
Despite the guidance miss, Datadog's ( NASDAQ:DDOG ) projected revenue for 2024 represents a healthy 23% year-over-year increase. This growth trajectory, albeit slightly below expectations, underscores the company's resilience and potential for sustained expansion. Moreover, Datadog's partnership with Amazon Web Services positions it strategically within the burgeoning cloud computing landscape, providing a solid foundation for future growth.
Investor Sentiment and Road Ahead:
As Datadog ( NASDAQ:DDOG ) gears up for its investor day on February 15th, all eyes will be on the company's strategic roadmap and initiatives to capitalize on emerging opportunities. While the guidance miss may have sparked short-term volatility, long-term investors may view this as an opportune moment to accumulate shares in a company poised for continued innovation and market leadership.
Conclusion:
Datadog's ( NASDAQ:DDOG ) recent earnings report encapsulates the dichotomy of triumph and challenge in the dynamic world of technology stocks. While the company's stellar performance in Q4 underscores its underlying strength, the guidance miss serves as a reminder of the inherent volatility in the market. As investors await further insights from Datadog's ( NASDAQ:DDOG ) upcoming investor day, the company remains poised to navigate through headwinds and chart a course towards sustainable growth and value creation.
DDOG Possible BuyDatadog, software company, after posting good results from end of November is finally becoming a nice bull run prospect for me.
What will I be looking at:
1. On Daily time frame, I see a huge Cup and Handle formation , 155 days long to be honest, and it's just making it's Handle break. So entry point for me would be tomorrow's price most likely since the market closed and somehow I missed the initial break of Handle and the Resistance level sitting at $118 price level.
2. Once I enter my position, first thing I always consider is where to get out if my analysis is wrong. So, stop loss level will be sitting right below 21EMA (orange one), but this could be tricky since price I am watching is good stop hunting price, good round number of $12. So, I will put my stop loss around $111.57 level .
3. Possible adding to the position will incur around next resistance level, sitting in ranges between $130-132 price level .
I will surely be updating this analysis as the time goes by, but this one could be a nice runner.
DataDog break of resistanceI have marked all the previous attemts at this zone with blue flags. In Aresistance of the area was broken in AUG 2021 resulting in an ATH of 199.9. We have confirmed support on the weekly TF. I do think we will spend some time in consolidation based on the weekly stochastic imo it needs to reset at the bottom before we can make the push to 150. so target time 40 to60 days 150
DDOG Ready to Make Another RunDDOG looking really attractive here. Came back down to test the support/resistance flip (blue area) and has been tightening in a pennant. Now resting on the 50 and 20 EMAs on the 65min. RSI right at 50 and looking to hold that and maintain strength.
long $DDOG for the yearDidnt share any Ideas for a longer time here, as the year started I wanna go with some Ideas, one which confirmed yesterday for me and I did just buy is $DDOG.
Quarterly trend is active the whole year and beyond (until end of March25, as you can see in the Chart). I suggest a long with a stop under the weekly breakout about 10% lower as now, so you can choose your positionsize wisely and control your risk by yourself.
Everybody a good, profitable, lucky and healthy year by the way!
$DDOG: 125 Has BiteWere looking at the strength of Datadog and wondering if now might be a good time to accumulate longs in this 125 range while we have a chance...
Who let the dog out? DatadogDatadog has formed a H&S and has broken out of the neckline.
Looking for a run up to 153
Datadog leaving the station againDatadog riding the 20 day moving average just reclaimed. Strong momentum on the 30 min chart price is above a 5 day MA and closed last session above AVWAP from previous high. Has broken out above AVWAP from ATH but doesn’t appear like it will be retested any time soon. $150 next target for me.
DataDog quick look Datadog is a stock I've been monitoring for quite some time.
DDOG broke the resistance from it's last high at just over $100. Before that in August 2023 there was a big gap down, the gap started at $105 and it's on it's way to closing it.
I think a break of that gap, above $105, is a good entry point if you're looking to hold this stock for the long term. I think it's one of those companies where $1,000 investment will be worth $30k in 10 years. Who knows??
Maybe $117 - $121 will see some resistance, however, the hype associated with AI is attracting investors because this company would stand to benefit from those future revenues.
DDOG has had nice bull runs in the past > 100%. Maybe we're at the beginning of the next big leg up.
DDOG, potential to hit ResistanceThe current price exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
DDOG Datadog Options Ahead of EarningsAnalyzing the options chain and the chart patterns of DDOG Datadog prior to the earnings report this week,
I would consider purchasing the 80usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $3.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
