DBO Technical Analysis - D-BOX TECHNOLOGIES INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to DBO. Both in the recent history as in the last year, DBO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

When comparing the yearly performance of all stocks, we notice that DBO is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, DBO also shows a nice and consistent pattern of rising prices.

DBO is one of the better performing stocks in the Household Durables industry, it outperforms 100% of 4 stocks in the same industry.

DBO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month DBO has a been trading in the 0.36 - 0.47 range, which is quite wide. It is currently trading near the high of this range.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

D-BOX TECHNOLOGIES INC / DBO Weekly stock chart

D-BOX TECHNOLOGIES INC / DBO Daily stock chart

Setup Rating and Analysis

DBO has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.32

0.44

When analyzing the support we can see 2 important areas.

Support @0.42 from a horizontal line in the daily time frame.
A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	UP	POSITIVE	The long term trend for DBO.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DBO.CA is up.
ChartMill Relative Strength	97.35	POSITIVE	DBO.CA has a high relative strength, it outperformed 97.35% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of DBO.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of DBO.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of DBO.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	58.95	NEUTRAL	The RSI value for DBO.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests DBO.CA has a negative trend.
Stochastics (14,3)	70.92	NEUTRAL	The Stochastics value for DBO.CA is a neutral value.
Average True Range in percent/ATR (20)	5.8	HIGH VOLATILITY	The high ATR as a percentage value for DBO.CA suggests high volalility.
Average Directional Index/ADX (14)	31.42	POSITIVE	The high ADX value value for DBO.CA suggests a strong trend.