DOCEBO INC (DCBO) Stock Technical Analysis
NASDAQ:DCBO - Nasdaq - CA25609L1058 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to DCBO. DCBO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than DCBO.
DCBO is part of the Software industry. There are 284 other stocks in this industry, of which 71% are performing better than DCBO.
DCBO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DCBO is lagging the market.
In the last month DCBO has a been trading in the 25.90 - 28.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of DCBO is bad and it also does not present a quality setup 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.
More info and screens
25.59
49.88
We found 1 important support area.
- A support zone ranging from 25.85 to 26.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 26.92 to 27.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.05 to 28.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @49.39 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for DCBO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DCBO is down. |
| ChartMill Relative Strength | 14.37 | NEGATIVE | DCBO has a low relative strength, it was outperformed by 85.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DCBO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DCBO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DCBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.13 | NEUTRAL | The RSI value for DCBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DCBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.56 | NEUTRAL | The Stochastics value for DCBO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for DCBO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.78 | NEGATIVE | The low ADX value for DCBO suggests a weak or negative trend. |
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)
26.2
-1.17 (-4.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.27%
1 Week-2.96%
2 Weeks-4.1%
1 Month-0.91%
3 Month-11.04%
6 Month-47.86%
12 Month-30.65%
2 Year-33.55%
3 Year-8.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%2.54%
ATR Inc20.69%
Range Today0.97
ADR(20)0.65
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.37
Mansfield-3.53
10 Day High28.2
10 Day Low26.18
20 Day High28.2
20 Day Low25.9
52 Week High53.86
52 Week Low25.5
CS1 End26.19
CR1 Start26.92
Volume & EV
DER(3)-5.2%
DER(5)-3.41%
Volume117.50K
Volume Incr-36.76%
Vol(5)87.06K
Vol(50)107.43K