You may use and the contents contained in solely for your own individual non-commercial and informational purposes only. Liable for your own investment decisions and agree to the Users should not base their investment decision upon. is a research service that provides financial data and technical analysis of publicly traded stocks.Īll users should speak with their financial advisor before buying or selling any securities. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Class A holds several positive signals, but we still don't find these to be enough for a buy candidate. Our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance.ĭropbox Inc. Since the stock is closer to the support from accumulated volume at $20.78 (2.99%) Class A takes out the full calculated possible swing range there will be an estimated 6.36% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$0.682 (+/-3.18%) up or down from last closing price. Class A to open at $21.24, and during the day (based on 14 day Average True Range),

Trading Expectations For The Upcoming Trading Day Of Monday 24thįor the upcoming trading day on Monday, 24th we expect Dropbox Inc. There is a buy signal from a pivot bottom found 7 days ago.) (This stock has medium daily movements and this gives medium risk. For the last week, the stock has had daily average volatility of 2.78%. During the last day, the stock moved $0.630 between high and low, or 3.02%. This stock has average movements during the day and with good trading volume, the risk is considered to be medium.

Forecast dropbox stock