DOLBY LABORATORIES INC-CL A (DLB) Stock Technical Analysis
USA - NYSE:DLB - US25659T1079 - Common Stock
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.
Although the technical rating is bad, DLB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
64.30
We found 1 important support area.
- A support zone ranging from 64.95 to 65.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 65.80 to 65.93. 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 71.14 to 73.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 76.79 to 78.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 20.49 | NEGATIVE | DLB has a low relative strength, it was outperformed by 79.51% 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) | 35.54 | NEUTRAL | The RSI value for DLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DLB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.59 | OVERSOLD | The low Stochastics value suggests DLB may be oversold. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for DLB suggests low volalility. |
| Average Directional Index/ADX (14) | 29.57 | POSITIVE | The high ADX value value for DLB suggests a strong trend. |
65.11
+0.1 (+0.15%)
DOLBY LABORATORIES INC-CL A / DLB FAQ
What is the technical rating for DLB stock?
ChartMill assigns a technical rating of 0 / 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 35.5386. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DOLBY LABORATORIES INC-CL A?
The buy/sell signal for DOLBY LABORATORIES INC-CL A (DLB) is sell as both the short term and long term trends are negative.
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 65.1 and a resistance level at 65.8. Check the full technical report for our detailed analysis of DLB support and resistance levels.