DOLBY LABORATORIES

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	DLB
ISIN:

DOLBY LABORATORIES - Daily - Technical analysis published on 11/12/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 63.24 USD

My targets

65.78 USD (+1.08%)

68.10 USD (+4.64%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOLBY LABORATORIES as long as the price remains well above 63.24 USD. The buyers” bullish objective is set at 65.78 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 68.10 USD. If there is any crossing, the next objective would be the resistance located at 71.78 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

7.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DOLBY LABORATORIES rating is 65.08 USD. On the day, this instrument lost -0.94% and was traded between 64.83 USD and 66.07 USD over the period. The price is currently at +0.39% from its lowest and -1.50% from its highest.

64.83

66.07

65.08

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this DOLBY LABORATORIES chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	57.38	59.87	63.24	65.08	65.78	68.10	71.78
Change (%)	-11.83%	-8.01%	-2.83%	-	+1.08%	+4.64%	+10.30%
Change	-7.70	-5.21	-1.84	-	+0.70	+3.02	+6.70
Level	Minor	Major	Major	-	Major	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	64.17	64.76	65.23	65.82	66.29	66.88	67.35
Camarilla	65.41	65.51	65.60	65.70	65.80	65.89	65.99
Woodie	64.11	64.73	65.17	65.79	66.23	66.85	67.29
Fibonacci	64.76	65.17	65.42	65.82	66.23	66.48	66.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.65	64.29	65.31	65.95	66.97	67.61	68.63
Camarilla	65.88	66.04	66.19	66.34	66.49	66.64	66.80
Woodie	63.85	64.39	65.51	66.05	67.17	67.71	68.83
Fibonacci	64.29	64.92	65.31	65.95	66.58	66.97	67.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.15	58.41	61.37	63.63	66.59	68.85	71.81
Camarilla	62.90	63.37	63.85	64.33	64.81	65.29	65.77
Woodie	56.50	58.59	61.72	63.81	66.94	69.03	72.16
Fibonacci	58.41	60.40	61.64	63.63	65.62	66.86	68.85

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.54
MACD (12,26,9):	0.6600
Directional Movement:	5.62
AROON (14):	78.57
DEMA (21):	65.61
Parabolic SAR (0,02-0,02-0,2):	63.61
Elder Ray (13):	0.32
Super Trend (3,10):	63.37
Zig ZAG (10):	65.08
VORTEX (21):	1.0900
Stochastique (14,3,5):	75.73
TEMA (21):	65.90
Williams %R (14):	-42.13
Chande Momentum Oscillator (20):	1.17
Repulse (5,40,3):	-1.9200
ROCnROLL:	-1
TRIX (15,9):	0.1300
Courbe Coppock:	5.28

MA7:	65.66
MA20:	64.69
MA50:	63.77
MA100:	63.27
MAexp7:	65.44
MAexp20:	64.78
MAexp50:	63.91
MAexp100:	63.54
Price / MA7:	-0.88%
Price / MA20:	+0.60%
Price / MA50:	+2.05%
Price / MA100:	+2.86%
Price / MAexp7:	-0.55%
Price / MAexp20:	+0.46%
Price / MAexp50:	+1.83%
Price / MAexp100:	+2.42%

News

The last news published on DOLBY LABORATORIES at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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