Is DigitalOcean Holdings, Inc. technically bullish or bearish?
As of May 29, 2025, DigitalOcean Holdings, Inc. exhibits a bearish trend supported by negative indicators across multiple time frames, including MACD, moving averages, and Bollinger Bands, despite a mildly bullish signal from Dow Theory on the monthly chart.
As of 29 May 2025, the technical trend for DigitalOcean Holdings, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication of weakness. The MACD is bearish on both the weekly and monthly time frames, supporting the bearish outlook. The moving averages on the daily chart also indicate a bearish trend. Additionally, Bollinger Bands show a bearish stance on the monthly and mildly bearish on the weekly. The KST is bearish weekly and mildly bearish monthly, further confirming the negative sentiment. Although Dow Theory shows a mildly bullish stance on the monthly, the overall indicators suggest a prevailing bearish trend.
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