DROPBOX INC-CLASS A (DBX)

US26210C1045 - Common Stock

23.37  -0.22 (-0.93%)

After market: 23.35 -0.02 (-0.09%)

Technical Rating and Analysis

2

Overall DBX gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DBX was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DBX is a bad performer in the overall market: 79% of all stocks are doing better.
DBX is part of the Software industry. There are 276 other stocks in this industry, of which 61% are performing better than DBX.
DBX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DBX is lagging the market.
DBX has an average volume of 3849000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DBX has a been trading in the 22.64 - 24.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DBX Weekly chart
DBX Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, DBX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.26, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

22.53

25.02

When analyzing the support we notice one important area.

  • A support zone ranging from 22.76 to 23.26. 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 23.38 to 23.75. 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 24.77. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS21.85
Mansfield-2.12
10 Day High24.43
10 Day Low23.01
20 Day High24.43
20 Day Low22.64
52 Week High33.43
52 Week Low21.19
Performance
1 Week-3.23%
2 Weeks1.7%
1 Month0.43%
3 Month-28.03%
6 Month-10.12%
12 Month9.67%
2 Year12.14%
3 Year-14.55%
5 Year3.59%
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)0.09
RSI(14)44.72
LBB22.5
UBB24.38
DBX Daily chart

DROPBOX INC-CLASS A

NASDAQ:DBX (5/3/2024, 7:00:01 PM)

After market: 23.35 -0.02 (-0.09%)

23.37

-0.22 (-0.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.93%
1 Week-3.23%
2 Weeks1.7%
1 Month0.43%
3 Month-28.03%
6 Month-10.12%
12 Month9.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.5
ATR(20)%2.02%
ATR Inc
Range Today0.52
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 High24.43
10 Day Low23.01
20 Day High24.43
20 Day Low22.64
52 Week High33.43
52 Week Low21.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.04M
Volume Incr23.69%
Vol(5)3.59M
Vol(50)3.85M