DOLBY LABORATORIES INC-CL A (DLB) Technical Analysis
NYSE:DLB • US25659T1079
Current stock price
DLB Technical Rating and Analysis
Taking everything into account, DLB scores 1 out of 10 in our technical rating. DLB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 85% of all other stocks performed better in the past year than DLB.
- DLB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month DLB has a been trading in the 55.73 - 65.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- DLB is an average performer in the Software industry, it outperforms 48% of 272 stocks in the same industry.
DLB Weekly and Daily overview Charts
DLB Setup Rating and Analysis
The technical rating of DLB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DLB Support and Resistance Analysis
56.89
3 important resistance areas can be observed.
- A resistance zone ranging from 62.29 to 64.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.42 to 67.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @69.58 from a horizontal line in the daily time frame.
DLB Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DLB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DLB is neutral. |
| ChartMill Relative Strength | 15.37 | NEGATIVE | DLB has a low relative strength, it was outperformed by 84.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.5 | NEUTRAL | The RSI value for DLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests DLB has a negative trend. |
| Stochastics (14,3) | 50.81 | NEUTRAL | The Stochastics value for DLB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for DLB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for DLB suggests a weak or negative trend. |
DLB Chart- and CandleStick Pattern Analysis
DLB Technicals: Chart, Performance Metrics, Trend & Indicators
57.46
-6.68 (-10.41%)
DOLBY LABORATORIES INC-CL A / DLB TA FAQ
What is the technical rating for DLB stock?
ChartMill assigns a technical rating of 1 / 10 to DLB.
What is the trend direction for DLB stock?
The current trend direction for DOLBY LABORATORIES INC-CL A (DLB) is Bearish.
What is the RSI signal for DOLBY LABORATORIES INC-CL A (DLB) stock?
DOLBY LABORATORIES INC-CL A (DLB) has an RSI value of 32.497. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DOLBY LABORATORIES INC-CL A?
The MACD indicator for DOLBY LABORATORIES INC-CL A (DLB) has a value of -0.352103, indicating a bearish trend.
What are the support and resistance levels for DOLBY LABORATORIES INC-CL A (DLB) stock?
DOLBY LABORATORIES INC-CL A (DLB) has a resistance level at 62.29. Check the full technical report for our detailed analysis of DLB support and resistance levels.