DOCEBO INC (DCBO)

CA25609L1058 - Common Stock

43.09  -0.66 (-1.51%)

Technical Rating and Analysis

7

Taking everything into account, DCBO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DCBO is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month DCBO has a been trading in the 40.91 - 47.21 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.
When compared to the yearly performance of all other stocks, DCBO outperforms 55% of them, which is more or less in line with the market.
DCBO is an average performer in the Software industry, it outperforms 58% of 283 stocks in the same industry.
DCBO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DCBO is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DCBO Weekly chart
DCBO Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, DCBO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 43.55, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

35.56

47.42

6 important support areas can be observed.

  • A support zone ranging from 42.43 to 42.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 40.11 to 40.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @39.37 from a trend line in the weekly time frame.
  • Support @38.19 from a trend line in the daily time frame.
  • Support @36.87 from a horizontal line in the daily time frame.
  • Support @35.92 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 45.82 to 45.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 46.58 to 46.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.01
Mansfield-1.21
10 Day High45.46
10 Day Low41.1
20 Day High47.21
20 Day Low40.91
52 Week High56.41
52 Week Low33.81
Performance
1 Week2.82%
2 Weeks-2.15%
1 Month5.96%
3 Month14.2%
6 Month-2.65%
12 Month7.55%
2 Year49.93%
3 Year-41.71%
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)-0.21
RSI(14)52.8
LBB41.75
UBB46.47
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
43.5642.421.14 (2.61%)25.00%
An entry @43.56. This is a Buy Stop order right above the 10 day moving average.An exit @42.42. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.14 points, which is 2.61%.For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of DCBO. Please evaluate whether better entry and exit points can be found.
  • 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.
DCBO Daily chart

DOCEBO INC

NASDAQ:DCBO (10/10/2024, 10:01:52 AM)

43.09

-0.66 (-1.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.51%
1 Week2.82%
2 Weeks-2.15%
1 Month5.96%
3 Month14.2%
6 Month-2.65%
12 Month7.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.17
ATR(20)%2.74%
ATR Inc
Range Today0.58
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 High45.46
10 Day Low41.1
20 Day High47.21
20 Day Low40.91
52 Week High56.41
52 Week Low33.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.55K
Volume Incr-54.94%
Vol(5)24.50K
Vol(50)73.80K