DigitalOcean Holdings (DOCN, $33.51) Aroon Indicator entered a Downtrend on April 26, 2024.

A.I.dvisor
at Tickeron.com
04/27/24
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DOCN - DigitalOcean Holdings
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $33.51
Daily change: +$1.07 (+3.3%)
Daily volume: 826.8K
Capitalization: $3.1B
Industry: Packaged Software
For the last three days, A.I.dvisor has detected that DOCN's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for DOCN, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 143 similar cases, of which were successful. Based on this data, the odds of success are
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DOCNDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
101 6th Avenue
Phone
+1 646 827-4366
Employees
1156
Web
https://www.digitalocean.com