What is the Market's View on Datadog Inc (DDOG) Stock's Price and Volume Trends Thursday?

The market has been down on Datadog Inc (DDOG) stock recently. DDOG gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Datadog Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DDOG!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With DDOG Stock Today?

Datadog Inc (DDOG) stock is lower by -0.24% while the S&P 500 has gained 2.35% as of 1:36 PM on Thursday, Oct 13. DDOG has fallen -$0.20 from the previous closing price of $82.35 on volume of 3,618,435 shares. Over the past year the S&P 500 has fallen -15.85% while DDOG has fallen -43.57%. DDOG earned $0.02 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4567.3. To screen for more stocks like Datadog Inc click here.

More About Datadog Inc

Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered as software-as-a-service, allows a client to monitor and analyze its entire IT infrastructure. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of different applications throughout their businesses. Click Here to get the full Stock Report for Datadog Inc stock.