DECIBEL THERAPEUTICS INC (DBTX) Stock Technical Analysis
NASDAQ:DBTX - Nasdaq - US24343R1068 - Common Stock - Currency: USD
Overall DBTX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, DBTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DBTX is one of the better performing stocks in the market, outperforming 91% of all stocks.
DBTX is part of the Biotechnology industry. There are 572 other stocks in this industry. DBTX outperforms 88% of them.
DBTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DBTX is lagging the market slightly.
DBTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Although DBTX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.99
5.31
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.90 to 4.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.25 from a trend line in the weekly time frame.
- A support zone ranging from 2.96 to 3.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a trend line in the daily time frame.
- Support @2.01 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.05 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.28
Mansfield3.23
10 Day High5.21
10 Day Low4.88
20 Day High5.26
20 Day Low4.88
52 Week High5.4
52 Week Low1.61
Performance
1 Week-3.73%
2 Weeks-4.1%
1 Month-4.1%
3 Month23.37%
6 Month85.28%
12 Month28.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)51.68
LBB4.9
UBB5.23
4.91
-0.04 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.81%
1 Week-3.73%
2 Weeks-4.1%
1 Month-4.1%
3 Month23.37%
6 Month85.28%
12 Month28.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%2.22%
ATR Inc108.71%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.28
Mansfield3.23
10 Day High5.21
10 Day Low4.88
20 Day High5.26
20 Day Low4.88
52 Week High5.4
52 Week Low1.61
CS1 End4.9
CR1 Start5.05
Volume & EV
DER(3)-7.7%
DER(5)-8.36%
Volume1.26M
Volume Incr256.36%
Vol(5)534.24K
Vol(50)282.23K