DOCEBO INC (DCBO)

CA25609L1058 - Common Stock

48.52  +0.47 (+0.98%)

Technical Rating and Analysis

8

Overall DCBO gets a technical rating of 8 out of 10. Although DCBO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month DCBO has a been trading in the 44.94 - 53.86 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 comparing the performance of all stocks over the past year, DCBO turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
DCBO is an average performer in the Software industry, it outperforms 41% of 279 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.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DCBO Weekly chart
DCBO Daily chart
Setup Rating and Analysis

7

DCBO 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. There is very little resistance above the current price. There is a support zone below the current price at 47.47, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

36.04

51.80

5 important support areas can be observed.

  • A support zone ranging from 46.82 to 47.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @42.36 from a horizontal line in the daily time frame.
  • Support @40.95 from a trend line in the weekly time frame.
  • Support @39.51 from a trend line in the daily time frame.
  • Support @36.40 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @51.29 from a trend line in the daily time frame.
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
CRS49.49
Mansfield-0.28
10 Day High53.86
10 Day Low46.5
20 Day High53.86
20 Day Low44.94
52 Week High56.41
52 Week Low33.81
Performance
1 Week2.23%
2 Weeks-5.2%
1 Month5.34%
3 Month9.77%
6 Month35.61%
12 Month1.23%
2 Year52.1%
3 Year-31.89%
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)-0.31
RSI(14)55.87
LBB46
UBB52.01
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
48.7046.811.89 (3.87%)25.00%
An entry @48.70. This is a Buy Stop order right above the 10 day moving average.An exit @46.81. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.89 points, which is 3.87%.For a 0.97% 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 (11/21/2024, 8:22:05 PM)

48.52

+0.47 (+0.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.98%
1 Week2.23%
2 Weeks-5.2%
1 Month5.34%
3 Month9.77%
6 Month35.61%
12 Month1.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.57
ATR(20)%3.01%
ATR Inc
Range Today0.67
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 High53.86
10 Day Low46.5
20 Day High53.86
20 Day Low44.94
52 Week High56.41
52 Week Low33.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume268.00K
Volume Incr45.16%
Vol(5)104.48K
Vol(50)58.34K