Technical Analysis Of Datadog Inc.

By AAATrade of AAATrade.com

Thursday, February 16, 2023 8:02 AM EST

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Today’s instrument is DataDog Inc.‘s stock traded on the Nasdaq exchange under the ticker DDOG.

Looking at the DDOG‘s chart, we see that after a long upward movement it reached the lastly traded price of around $88.70.

Today, it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should expect a further price increase above the level of $90, later this day, with the possibility to approach its resistance level at around $95.

On the other hand, it could test its support level at around $82.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Datadog Inc. - 16/02/2023

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