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.
NET's Indicator enters downward trend
The Aroon Indicator for NET entered a downward trend on August 23, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 118 similar instances where the Aroon Indicator formed such a pattern. In of the 118 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
NET moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
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 .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NET's RSI Oscillator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 45 cases where NET's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on September 29, 2023. You may want to consider a long position or call options on NET as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for NET just turned positive on September 29, 2023. Looking at past instances where NET's MACD turned positive, the stock continued to rise in of 41 cases 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 271 cases, the price rose further within the following month. The odds of a continued upward trend are .
NET may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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 (32.895) is normal, around the industry mean (19.752). P/E Ratio (0.000) is within average values for comparable stocks, (153.005). Projected Growth (PEG Ratio) (2.010) is also within normal values, averaging (2.652). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (18.450) is also within normal values, averaging (74.348).
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.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NET’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
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
NET and
Correlation & Price change
A.I.dvisor indicates that over the last year, NET has been closely correlated with DDOG. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if NET jumps, then DDOG could also see price increases.
| Ticker / NAME | Correlation To NET | 1D Price Change % | ||
|---|---|---|---|---|
| NET | 100% | -0.08% | ||
| DDOG - NET | 73% Closely correlated | +2.38% | ||
| TEAM - NET | 72% Closely correlated | +2.32% | ||
| CFLT - NET | 71% Closely correlated | +2.46% | ||
| MNDY - NET | 70% Closely correlated | +0.19% | ||
| SNOW - NET | 70% Closely correlated | +1.09% | ||
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