Weekly signal · DOCN · Technology

DigitalOcean Holdings Inc (DOCN) more than doubles over 12 weeks

The infrastructure-software stock is still in an active weekly trend, though the latest week brought only a modest gain and lighter turnover.

DigitalOcean Holdings Inc
Latest170.44 USD
1W move0.3%
Volume0.6x
TrendActive
Weekly market context for DigitalOcean Holdings, a cloud infrastructure software company.

Market update

What happened

DigitalOcean Holdings Inc (DOCN) closed at 170.44 USD for the week ended June 12, rising 0.3% on the week. The larger move remains substantial, with the stock up 10.1% over four weeks and 106.2% over twelve weeks in weekly market data.

Confirmation is mixed. The trend signal remains active and Market Dynamics show positive pressure, while Relative Strength is elevated at 152.3. Turnover was softer than usual at about 0.6x the 13-week average, which tempers the strength of the latest weekly move.

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Interactive chartReview weekly price, Trend Line, Fair Value, volume and Relative Strength.Full weekly reportOpen the full company report, financial profile and peer comparison.Technical analysisExamine support, resistance, momentum and the current trend readings.Stage analysisSee whether the stock is basing, advancing, distributing or declining.Trend historyReview how long the current trend has persisted and where it has changed.Sector comparisonCompare sector returns, breadth, leaders and weaker areas.Industry comparisonSee how this company’s industry is performing across its members.Company factorsCompare value, quality, growth, momentum and financial strength.News sentimentSee the balance, quality and freshness of recent company coverage.Buying and selling pressureReview longer-term accumulation, distribution and reversal readings.EarningsReview report dates, estimates, past results and earnings surprises.Options activitySee options positioning, expected move and unusual trading activity.Short interestReview short positioning, crowding and possible squeeze risk.Insider transactionsSee reported purchases and sales by company directors and executives.

DOCN coverage

Evidence context