Bots Generate for DDOG (+9.68%) vs NET (+73.67%.): Swing Trading
AI bots: the one generating predictions for Datadog Inc. (DDOG) Swing Trader and the one for Cloudflare Inc. (NET) Swing Trader.
The DDOG Swing Trader, with an emphasis on high volatility stocks for active trading (Technical Analysis & Fundamental Analysis, or TA&FA), demonstrated a 9.68% return on its predictive model. On the other hand, the NET Swing Trader, focusing on the top high-volatility stocks merely with Technical Analysis (TA), yielded a remarkably higher return of 73.67%.
In this analysis, we examine two prominent players in the packaged software industry, DDOG and NET, and weigh their performance, earnings outlook, and sector trends.
DDOG's price experienced a modest uptick of +1.62% over the past week, just slightly above the average weekly price growth of +1.40% in the industry. Meanwhile, NET demonstrated a remarkable performance with a weekly price change of +22.99%, far exceeding the industry average. This rapid surge implies significant investor confidence and suggests a bullish trend.
Looking at a broader timeframe, the average monthly and quarterly price growths for the packaged software industry were +8.45% and +20.67%, respectively. In the near term, investors will undoubtedly be paying close attention to whether DDOG and NET can maintain or surpass these growth levels.
A critical factor that could potentially influence these companies' stock prices is their forthcoming earnings reports. Both DDOG and NET are expected to announce their earnings on Aug 03, 2023. These announcements could trigger significant price changes depending on whether the reported earnings meet, exceed, or fall short of market expectations.
To conclude, based on their recent performances and the upcoming earnings reports, DDOG and NET are both evaluated as 'Buy'. However, investors should monitor the forthcoming earnings announcements closely and keep a vigilant eye on industry trends.
Momentum Indicator for NET turns positive, indicating new upward trend
NET saw its Momentum Indicator move above the 0 level on October 09, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for NET just turned positive on October 09, 2024. Looking at past instances where NET's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .
NET moved above its 50-day moving average on October 04, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for NET crossed bullishly above the 50-day moving average on September 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NET advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NET broke above its upper Bollinger Band on October 10, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for NET entered a downward trend on September 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 64%.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (42.373) is normal, around the industry mean (30.829). P/E Ratio (0.000) is within average values for comparable stocks, (161.895). Projected Growth (PEG Ratio) (2.377) is also within normal values, averaging (2.738). Dividend Yield (0.000) settles around the average of (0.083) among similar stocks. P/S Ratio (24.631) is also within normal values, averaging (56.744).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a company, which engages in the provision of cloud-based services to secure websites
Industry PackagedSoftware