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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Dropbox, Inc. - Class A (NASDAQ:DBX)

Long-Term Downtrend (-90) - DBX is in a strong downtrend that is likely to continue. While DBX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DBX?

MarketClub looks at technical strength and momentum to determine if the timing is right for DBX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DBX
Open High Low DBX Price Change
23.12 23.19 22.76 22.90 -0.27
Entry Signal

MarketClub’s Trade Triangles for DBX

long term down The long-term trend has been DOWN since Feb 20th, 2024 at 24.28

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2024 at 23.01

short term down The short-term trend has been DOWN since May 22nd, 2024 at 23.49

Smart Scan Analysis for DBX

Based on our trend formula, DBX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.12 23.19 22.76 22.90 -0.27
Prev. Close Volume Bid Ask Time
22.89 2799239 2024-05-24 15:59:55
Year High43.5Year High Date2018-06-18
Year Low19.54Year Low Date2018-11-20
52wk High33.4352wk High Date2024-02-09
52wk Low22.0652wk Low Date2023-05-25
Average Volume4,117,749Shares Outstanding331,033
Market Cap8,399MAssets279,770,000M
Liabilities307,490,000MP/E Ratio15.3545
Volatility53.8
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