DROPBOX INC-CLASS A (DBX)

US26210C1045 - Common Stock

22.53  +0.19 (+0.85%)

After market: 22.55 +0.02 (+0.09%)

Technical Rating and Analysis

0

Overall DBX gets a technical rating of 0 out of 10. DBX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, DBX is a bad performer in the overall market: 74% of all stocks are doing better.
DBX 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 DBX has a been trading in the 22.04 - 24.32 range, which is quite wide. It is currently trading near the lows of this range.
DBX has an average volume of 3995640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DBX is an average performer in the Software industry, it outperforms 50% of 277 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DBX Weekly chart
DBX Daily chart
Setup Rating and Analysis

4

DBX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

22.12

24.78

When analyzing the support we notice one important area.

  • A support zone ranging from 22.34 to 22.52. 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 23.11 to 23.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 24.35 to 24.53. 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
CRS26.94
Mansfield-2.53
10 Day High23.97
10 Day Low22.04
20 Day High24.32
20 Day Low22.04
52 Week High33.43
52 Week Low22.04
Performance
1 Week-2.76%
2 Weeks-5.97%
1 Month-4.49%
3 Month-6.67%
6 Month-21.72%
12 Month-4.86%
2 Year8.11%
3 Year-17.62%
5 Year-0.13%
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)39.47
LBB22.23
UBB24.44
DBX Daily chart

DROPBOX INC-CLASS A

NASDAQ:DBX (5/31/2024, 5:39:02 PM)

After market: 22.55 +0.02 (+0.09%)

22.53

+0.19 (+0.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.85%
1 Week-2.76%
2 Weeks-5.97%
1 Month-4.49%
3 Month-6.67%
6 Month-21.72%
12 Month-4.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.55
ATR(20)%2.35%
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 High23.97
10 Day Low22.04
20 Day High24.32
20 Day Low22.04
52 Week High33.43
52 Week Low22.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.77M
Volume Incr99.34%
Vol(5)8.21M
Vol(50)4.00M