We assign a technical rating of 0 out of 10 to DCBO. DCBO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than DCBO.
- DCBO is one of the lesser performing stocks in the Software industry. 73% of 276 stocks in the same industry do better.
- DCBO 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 DCBO has a been trading in the 19.88 - 23.45 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.
The technical rating of DCBO 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
19.68
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 21.63 to 22.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.26 from a trend line in the daily time frame.
- A resistance zone ranging from 31.87 to 31.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.74 from a horizontal line in the daily 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 | 7.62 | NEGATIVE | DCBO has a low relative strength, it was outperformed by 92.38% 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) | 27.79 | OVERSOLD | The low RSI value suggests DCBO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests DCBO has a negative trend. |
| Stochastics (14,3) | 3.6 | OVERSOLD | The low Stochastics value suggests DCBO may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for DCBO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.05 | NEUTRAL | The ADX value for DCBO suggests a possible start of a new trend. |
19.88
-0.32 (-1.58%)
DOCEBO INC / DCBO FAQ
Can you provide the ChartMill technical rating for DOCEBO INC?
ChartMill assigns a technical rating of 0 / 10 to DCBO.
What is the current trend direction of DOCEBO INC (DCBO) stock?
The current trend direction for DOCEBO INC (DCBO) is Bearish.
What is the RSI signal for DOCEBO INC (DCBO) stock?
DOCEBO INC (DCBO) has an RSI value of 27.7945. This indicates that the stock is currently oversold.
Can you provide the short term momentum for DOCEBO INC?
The short term momentum for DOCEBO INC (DCBO) is negative.
What is the buy/sell signal for DOCEBO INC (DCBO) stock?
The buy/sell signal for DOCEBO INC (DCBO) is sell as both the short term and long term trends are negative.