DOLBY LABORATORIES INC-CL A (DLB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DLB - US25659T1079 - Common Stock
We assign a technical rating of 1 out of 10 to DLB. DLB'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.
Although the technical rating is bad, DLB 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 65.11, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
63.90
We found 1 important support area.
- A support zone ranging from 64.55 to 65.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 66.88 to 68.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 69.58 to 69.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @72.28 from a horizontal line in the daily time frame.
- 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 @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 | NEUTRAL | NEUTRAL | The short term trend for DLB is neutral. |
| ChartMill Relative Strength | 22.18 | NEGATIVE | DLB has a low relative strength, it was outperformed by 77.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DLB is below the rising 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) | 48.57 | NEUTRAL | The RSI value for DLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.01 | NEUTRAL | The Stochastics value for DLB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for DLB suggests low volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for DLB suggests a possible start of a new trend. |
66.76
-0.38 (-0.57%)
DOLBY LABORATORIES INC-CL A / DLB FAQ
What is the technical rating for DLB stock?
ChartMill assigns a technical rating of 1 / 10 to DLB.
Can you provide the trend direction for DOLBY LABORATORIES INC-CL A?
The current trend direction for DOLBY LABORATORIES INC-CL A (DLB) is Bearish.
What is the RSI signal for DLB stock?
DOLBY LABORATORIES INC-CL A (DLB) has an RSI value of 48.5721. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for DOLBY LABORATORIES INC-CL A?
DOLBY LABORATORIES INC-CL A (DLB) has a support level at 65.11 and a resistance level at 66.88. Check the full technical report for our detailed analysis of DLB support and resistance levels.