The Relative Strength (RS) Rating for Datadog jumped into a higher percentile Tuesday, as it got a lift from 70 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an 80 or higher RS Rating as they begin their largest climbs. See if Datadog can continue to show renewed price strength and clear that threshold.
Datadog is trying to complete a consolidation with a 157.38 buy point. See if the stock can break out in heavy trade.
Datadog saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 5% to 7%. Revenue rose from 25% to 28%.
The company earns the No. 9 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and Shopify are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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