Dun & Bradstreet Corporation (The) Stock Analysis
Technical stock analysis for Tue 11'th Dec 2018
|Shorts||2.77% ( 2018-11-15 )|
Dun & Bradstreet Corporation (The) gained 0.06% in the last trading day, rising from $143.70 to $143.79 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days and is up by 0.29% over the past 2 weeks. Volume fell in the last day by -48 251 shares, and in total, 322 599 shares bought and sold for approximately $46.39 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
Dun & Bradstreet Corporation (The) has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $143.78 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $146.12 sometime during the next 3 months.
Dun & Bradstreet Corporation (The) holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $143.68 and $142.63. A break down below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday December 03, 2018, which indicates further falls until a new bottom pivot has been found.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSI14 is 70 and the stock is currently not being overbought or oversold
Support & Resistance
Dun & Bradstreet Corporation (The) finds support from accumulated volume at $142.83.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.57 (0.40%) between high and low. For the last week, the stock has had a daily average volatility of 0.39%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Dun & Bradstreet Corporation (The) holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.
|DNB $143.79 $0.09(0.06%)|
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