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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Dolby Laboratories (NYSE:DLB)
Long-Term Uptrend (+90) - DLB is in a strong uptrend that is likely to continue. While DLB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DLB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DLB
The long-term trend has been UP since May 3rd, 2024 at 84.8000
The intermediate-term trend has been UP since May 3rd, 2024 at 83.8039
The short-term trend has been UP since May 3rd, 2024 at 79.7800
Smart Scan Analysis for DLB
Based on our trend formula, DLB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 82.840 | 82.840 | 82.310 | 82.505 | -0.435 |
| Prev. Close | Volume | Bid | Ask | Time |
| 82.630 | 180785 | 2024-05-08 15:59:37 |
| Year High | 74.29 | Year High Date | 2018-01-25 |
| Year Low | 58.3701 | Year Low Date | 2018-02-09 |
| 52wk High | 91.015 | 52wk High Date | 2023-07-13 |
| 52wk Low | 75.87 | 52wk Low Date | 2023-08-16 |
| Year End Close | 29.33 | Average Volume | 358,912 |
| Shares Outstanding | 95,835 | Short Interest | 5,306,367 |
| % Institutional | 43.5 | Market Cap | 6,523M |
| Assets | 304,472,800M | Liabilities | 623,826,000M |
| P/E Ratio | 42.3812 | Beta | 0.96 |
| Volatility | 29.18 |