DOLBY LABORATORIES INC-CL A (DLB) Stock Technical Analysis
NYSE:DLB • US25659T1079
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DLB is a bad performer in the overall market: 81% 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 274 other stocks in this industry. DLB outperforms 71% of them.
- In the last month DLB has a been trading in the 60.14 - 69.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DLB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
60.44
When analyzing the support we notice one important area.
- Support @61.05 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 64.38 to 67.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.97 to 69.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @72.28 from a horizontal line in the daily time frame.
- Resistance @83.85 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 | 19.58 | NEGATIVE | DLB has a low relative strength, it was outperformed by 80.42% 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) | 46.99 | NEUTRAL | The RSI value for DLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests DLB has a negative trend. |
| Stochastics (14,3) | 35.15 | NEUTRAL | The Stochastics value for DLB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for DLB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for DLB suggests a weak or negative trend. |
63.78
-0.2 (-0.31%)
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.
What is the trend direction for DLB stock?
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 46.9926. This indicates that the stock is currently neutral.
What is the MACD signal for DOLBY LABORATORIES INC-CL A (DLB) stock?
The MACD indicator for DOLBY LABORATORIES INC-CL A (DLB) has a value of -0.131356, indicating a bearish trend.
What is the buy/sell signal for DLB stock?
The buy/sell signal for DOLBY LABORATORIES INC-CL A (DLB) is sell as both the short term and long term trends are negative.