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DBX Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Bottom DBX on January 21, 2025, netting in a 8.18% gain over 2 weeks

A.I.dvisor
at Tickeron.com
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+8.18% Gain from a Successful pattern Triangle Symmetrical Bottom
DBX - Dropbox
Tickeron
Ticker: DBX
Company: Dropbox
Gain: +8.18%
Confirmed: 01/21/25
Succeeded: 01/27/25
Total length: 20 days
On January 07, 2025, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bullish) for Dropbox (DBX, $29.58). On January 21, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $32.18. 6 days later, on January 27, 2025, DBX reached the target price resulting in a for traders who took a long position in the stock.

Momentum Indicator for DBX turns positive, indicating new upward trend

DBX saw its Momentum Indicator move above the 0 level on February 13, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for DBX just turned positive on February 18, 2025. Looking at past instances where DBX's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DBX advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DBX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DBX broke above its upper Bollinger Band on February 18, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (30.944). P/E Ratio (18.550) is within average values for comparable stocks, (160.639). Projected Growth (PEG Ratio) (2.200) is also within normal values, averaging (2.763). Dividend Yield (0.000) settles around the average of (0.086) among similar stocks. P/S Ratio (3.357) is also within normal values, averaging (58.213).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DBX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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General Information

a provider of file backup, sync and sharing solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Data Processing Services
Address
1800 Owens Street
Phone
+1 415 857-6800
Employees
2693
Web
https://www.dropbox.com