There is a buy signal from a pivot bottom found 22 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 2.80%. During the last day, the stock moved $0.640 between high and low, or 2.97%. 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. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 7.95%. A breakdown below any of these levels will issue sell signals. On corrections down, there will be some support from the lines at $21.40 and $21.20. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

Class A stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock.

Dropbox stock price prediction