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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Dolby Laboratories (NYSE:DLB)
Long-Term Downtrend (-90) - DLB is in a strong downtrend that is likely to continue. While DLB 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 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 Jun 14th, 2024 at 77.48
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 72.06
The short-term trend has been DOWN since Nov 12th, 2024 at 74.65
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 |
|---|---|---|---|---|
| 70.8300 | 71.3200 | 70.4701 | 70.7900 | -0.5600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 70.9100 | 280577 | 2024-11-19 15:59:31 |
| Year High | 74.29 | Year High Date | 2018-01-25 |
| Year Low | 58.3701 | Year Low Date | 2018-02-09 |
| 52wk High | 90.06 | 52wk High Date | 2023-12-11 |
| 52wk Low | 66.35 | 52wk Low Date | 2024-08-12 |
| Year End Close | 29.33 | Average Volume | 264,999 |
| Shares Outstanding | 95,348 | Short Interest | 5,306,367 |
| % Institutional | 43.5 | Market Cap | 6,523M |
| Assets | 297,363,500M | Liabilities | 540,785,000M |
| P/E Ratio | 32.6246 | Beta | 0.96 |
| Volatility | 29.18 |