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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Dolby Laboratories (NYSE:DLB)

Strong Downtrend (-100) - DLB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DLB continues to fall. 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.

NYSE_DLB
Open High Low DLB Price Change
78.580 79.310 78.455 78.610 0.000
Entry Signal

MarketClub’s Trade Triangles for DLB

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 79.01

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 82.28

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 82.07

Smart Scan Analysis for DLB

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

-100
Smart Scan Analysis for DLB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.580 79.310 78.455 78.610 0.000
Prev. Close Volume Bid Ask Time
78.610 202238 2024-04-16 15:59:27
Year High74.29Year High Date2018-01-25
Year Low58.3701Year Low Date2018-02-09
52wk High91.01552wk High Date2023-07-13
52wk Low75.8752wk Low Date2023-08-16
Year End Close29.33Average Volume288,761
Shares Outstanding95,579Short Interest5,306,367
% Institutional43.5Market Cap6,523M
Assets293,552,900MLiabilities589,681,000M
P/E Ratio40.794Beta0.96
Volatility29.18
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