The Hourly View for DCBO
At the moment, DCBO (Get Ratings)’s price is down $-0.69 (-0.82%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 100 and 20 hour moving averages have been crossed, so that price is now turning below them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
DCBO ranks 88th in terms of today’s price percentage change out of Business Services stocks.
DCBO’s Technical Outlook on the Daily Chart
At the moment, DCBO’s price is up $0.02 (0.02%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows DCBO’s price action over the past 90 days.
DCBO: Daily RSI Analysis
For DCBO News Traders
News traders keeping an eye on DCBO may find value in this recent story:
TORONTO, September 13, 2021–Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“Docebo” or the “Company”) announced today Ian Kidson’s retirement as Chief Financial Officer of Docebo.
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