Is Datadog Rolling Over?Datadog, Inc. Class ABATS:DDOGTradeStationDatadog has been sliding since November, and some traders may think its downtrend will accelerate. The first pattern on today’s chart is the February 10 high of $133.44, one day after jumping on earnings. DDOG stalled at the same level last week. Is resistance in place? Second, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA in February. Prices have also been stuck under the 200-day SMA. Both patterns may suggest its longer-term trend has turned negative. Third, stochastics have dipped from an overbought condition. Fourth, the cybersecurity stock has slipped below its 8- and 21-day exponential moving averages. That may reflect short-term bearishness. Finally, the recent weakness follows an unsuccessful breakout attempt above DDOG’s previous all-time high. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. Learn more here about TradingView’s Broker of the Year! Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com/DisclosureOptions. Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com/Important-Information/. System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com/DisclosureTSCompanies for further important information explaining what this means.