Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
DoubleLine Opportunistic Credit Fund Common Shares of Beneficial Interest (NYSE:DBL)
Bull Market Weakness (+75) - DBL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DBL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DBL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBL.
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 DBL
The long-term trend has been DOWN since Aug 21st, 2023 at 14.13
The intermediate-term trend has been UP since Sep 15th, 2023 at 14.48
The short-term trend has been UP since Sep 29th, 2023 at 14.53
Smart Scan Analysis for DBL
Based on our trend formula, DBL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.4800 | 14.6000 | 14.3432 | 14.5700 | +0.1500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.5800 | 50936 | 2023-09-29 15:59:55 |
| Year High | 22.5 | Year High Date | 2018-01-04 |
| Year Low | 19.05 | Year Low Date | 2018-10-30 |
| 52wk High | 15.76 | 52wk High Date | 2023-02-02 |
| 52wk Low | 13.8301 | 52wk Low Date | 2022-10-17 |
| Year End Close | 27 | Average Volume | 57,961 |
| Shares Outstanding | 14,718 | Market Cap | 311M |
| Assets | 328,510,407M | Liabilities | 54,998,982M |
| P/E Ratio | 10.8929 | Volatility | 14.73 |