DOLBY LABORATORIES INC-CL A (DLB) Stock Technical Analysis
USA - NYSE:DLB - US25659T1079 - Common Stock
71.26 USD
-0.25 (-0.35%)
71.26 USD
0 (0%)
Overall DLB gets a technical rating of 0 out of 10. DLB 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, DLB is a bad performer in the overall market: 78% of all stocks are doing better.
DLB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
DLB is part of the Software industry. There are 281 other stocks in this industry, DLB did better than 40% of them.
In the last month DLB has a been trading in a tight range between 70.76 and 73.78.
DLB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 70.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DLB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
68.67
84.66
We found 1 important support area.
- A support zone ranging from 69.36 to 70.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 71.73 to 73.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 76.36 to 76.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @78.06 from a horizontal line in the weekly time frame.
- Resistance @80.78 from a trend line in the weekly time frame.
- Resistance @83.82 from a horizontal 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 DLB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DLB is down. |
| ChartMill Relative Strength | 22.2 | NEGATIVE | DLB has a low relative strength, it was outperformed by 77.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.02 | NEUTRAL | The RSI value for DLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.69 | NEUTRAL | The Stochastics value for DLB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for DLB suggests low volalility. |
| Average Directional Index/ADX (14) | 10.1 | NEGATIVE | The low ADX value for DLB 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)
71.26
-0.25 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.35%
1 Week-1.56%
2 Weeks-0.45%
1 Month-1.9%
3 Month-5.69%
6 Month-1.7%
12 Month-5.88%
2 Year-11.96%
3 Year6.61%
5 Year-5.09%
10 Year105.54%
15 Year15.53%
Volatility
ATR(14)0.99
ATR(20)%1.5%
ATR Inc-2.99%
Range Today0.72
ADR(20)1.03
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.2
Mansfield-1.66
10 Day High73.01
10 Day Low70.89
20 Day High73.78
20 Day Low70.76
52 Week High89.66
52 Week Low68.24
CS1 End70.09
CR1 Start71.73
Volume & EV
DER(3)2.3%
DER(5)5.17%
Volume408.60K
Volume Incr-1.18%
Vol(5)499.42K
Vol(50)474.06K