DROPBOX INC-CLASS A (DBX)
US26210C1045 - Common Stock
Overall DBX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DBX is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month DBX has a been trading in the 25.09 - 28.27 range, which is quite wide. It is currently trading near the high of this range.
DBX has an average volume of 2772960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DBX outperforms 48% of them, which is more or less in line with the market.
DBX is part of the Software industry. There are 279 other stocks in this industry, DBX did better than 40% of them.
DBX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DBX is lagging the market.
DBX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for DBX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.75
28.45
We found 5 important support areas.
- A support zone ranging from 27.34 to 27.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.86 to 26.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.15 from a horizontal line in the daily time frame.
- Support @23.26 from a horizontal line in the daily time frame.
- Support @21.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @28.17 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.72
Mansfield-0.39
10 Day High28.27
10 Day Low25.23
20 Day High28.27
20 Day Low25.09
52 Week High33.43
52 Week Low20.68
Performance
1 Week-0.11%
2 Weeks-0.86%
1 Month7.17%
3 Month13.6%
6 Month20.75%
12 Month-3.12%
2 Year17.32%
3 Year12.31%
5 Year49.49%
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)-0.07
RSI(14)58.72
LBB26.03
UBB28.55
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.66 | 25.22 | 2.44 (8.82%) | 11.34% |
| An entry @27.66. This is a Buy Stop order right above the resistance zone. | An exit @25.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.44 points, which is 8.82%. | For a 1.00% total portfolio risk, you can invest 11.34% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DROPBOX INC-CLASS A
NASDAQ:DBX (11/22/2024, 1:47:48 PM)
28.07
+0.43 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.56%
1 Week-0.11%
2 Weeks-0.86%
1 Month7.17%
3 Month13.6%
6 Month20.75%
12 Month-3.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%3.07%
ATR Inc
Range Today0.56
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.27
10 Day Low25.23
20 Day High28.27
20 Day Low25.09
52 Week High33.43
52 Week Low20.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.04M
Volume Incr-12.06%
Vol(5)2.66M
Vol(50)2.77M