Trading Expectations For The Upcoming Trading Day Of Tuesday 25thįor the upcoming trading day on Tuesday, 25th we expect Dropbox Inc. There is a buy signal from a pivot bottom found 20 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 2.69%. During the last day, the stock moved $0.415 between high and low, or 1.95%. This stock has average movements during the day and with good trading volume, the risk is considered to be medium. Class A finds support from accumulated volume at $21.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This is considered to be a good technical signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Monday, September 26, 2022, and so far it has risen 8.20%.

A breakdown below any of these levels will issue sell signals. On corrections down, there will be some support from the lines at $21.01 and $21.19.

Class A stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. Mostly positive signals in the chart today.

Is dropbox stock worth buying