DROPBOX INC-CLASS A (DBX) Stock Technical Analysis
NASDAQ:DBX - Nasdaq - US26210C1045 - Common Stock - Currency: USD
Overall DBX gets a technical rating of 2 out of 10. DBX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
DBX is part of the Software industry. There are 285 other stocks in this industry. DBX outperforms 71% of them.
In the last month DBX has a been trading in the 24.42 - 27.91 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DBX has an average volume of 4677550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, DBX turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
DBX is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so DBX is still doing slightly better than the market.
Although the technical rating is bad, DBX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.75, a Stop Loss order could be placed below this zone.
More info and screens
24.84
33.49
We found 1 important support area.
- A support zone ranging from 25.09 to 25.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.70 to 27.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.16 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.24
Mansfield1.3
10 Day High27.91
10 Day Low24.42
20 Day High27.91
20 Day Low24.42
52 Week High33.33
52 Week Low20.68
Performance
1 Week-1.51%
2 Weeks4.79%
1 Month0.64%
3 Month-15.28%
6 Month2.58%
12 Month10.43%
2 Year31.12%
3 Year22.62%
5 Year26.88%
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)0.1
RSI(14)48.23
LBB25.28
UBB28.15
26.67
-0.44 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.62%
1 Week-1.51%
2 Weeks4.79%
1 Month0.64%
3 Month-15.28%
6 Month2.58%
12 Month10.43%
2 Year31.12%
3 Year22.62%
5 Year26.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%4.05%
ATR Inc-62.17%
Range Today0.56
ADR(20)1.01
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.24
Mansfield1.3
10 Day High27.91
10 Day Low24.42
20 Day High27.91
20 Day Low24.42
52 Week High33.33
52 Week Low20.68
CS1 End25.75
CR1 Start26.7
Volume & EV
DER(3)1.14%
DER(5)-0.37%
Volume3.29M
Volume Incr-34.27%
Vol(5)3.19M
Vol(50)4.68M