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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Dropbox, Inc. - Class A (NASDAQ:DBX)
Bear Market Rally (-75) - DBX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DBX as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for DBX
The long-term trend has been DOWN since Feb 20th, 2024 at 24.28
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 23.45
The short-term trend has been UP since Apr 22nd, 2024 at 23.32
Smart Scan Analysis for DBX
Based on our trend formula, DBX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.17 | 23.35 | 23.03 | 23.33 | +0.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.31 | 2204235 | 2024-04-22 15:59:53 |
| Year High | 43.5 | Year High Date | 2018-06-18 |
| Year Low | 19.54 | Year Low Date | 2018-11-20 |
| 52wk High | 33.43 | 52wk High Date | 2024-02-09 |
| 52wk Low | 19.545 | 52wk Low Date | 2023-05-04 |
| Average Volume | 3,066,388 | Shares Outstanding | 345,758 |
| Market Cap | 8,399M | Assets | 298,350,000M |
| Liabilities | 314,930,000M | P/E Ratio | 17.7939 |
| Volatility | 53.8 |