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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Dolby Laboratories (NYSE:DLB)
Countertrend Down (-85) - DLB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Feb 5th, 2024 at 79.01
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 82.28
The short-term trend has been UP since Apr 22nd, 2024 at 79.03
Smart Scan Analysis for DLB
Based on our trend formula, DLB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.350 | 81.015 | 80.010 | 80.010 | +0.100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 79.910 | 65845 | 2024-04-26 12:20:00 |
| 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 | 283,980 |
| Shares Outstanding | 95,579 | Short Interest | 5,306,367 |
| % Institutional | 43.5 | Market Cap | 6,523M |
| Assets | 293,552,900M | Liabilities | 589,681,000M |
| P/E Ratio | 41.4686 | Beta | 0.96 |
| Volatility | 29.18 |