Investor Focus: Spotting the Signals for Dolby Laboratories (DLB)

Investors may be taking a closer look at shares of Dolby Laboratories (DLB). Let us focus in on the current opinion signal on the stock. The opinion signal for the current session is 16% Sell. Looking back at the last month, the opinion signal reads 16% Buy. This is the combined signal for the previous month when applying a wide array of studies based on price movement. Using these same guidelines, the signal for last week stands at 64% Buy. Investors may also be interested in the strength and direction of the opinion signals. The opinion direction is currently Strengthening. This is a measurement over the past three trading sessions that provides an indication of whether the latest recent price movement is following the signal. A Buy or Sell signal with a “Strongest” direction indicates that the signal is gaining strength. The opinion strength signal is presently reading Minimum. This is a longer-term gauge verse the historical strength. 

It is no secret that most investors have the best of intentions when diving into the equity markets. Making sound, informed decisions can help the investor make the most progress when dealing with the markets. Often times, investors may think they have everything in order, but they still come out on the losing end. Investors may need to figure out ways to keep emotion out of stock picking. Sometimes trading on emotions can lead to poor results. Making hasty decisions and not paying attention to the correct data can lead to poor performing portfolios in the long-term.

Tracking current trading session activity on shares of Dolby Laboratories (DLB), we can see that the stock price recently hit 68.11. At the open, shares were trading at 67.88. Since the start of the session, the stock has topped out with a high of 68.45 and bottomed with a low of 66.91. After noting current price levels, we can see that the change from the open is presently -0.89.  

Let us now turn the focus to some medium-term indicators on company shares. The reading from the 40-day commodity channel index is currently Sell. The CCI indicator is mainly used to identify oversold and overbought levels. Shifting to the 50-day moving average vs price signal, the reading is measured at Sell. This indicator is used to watch price changes. 

Many investors opt to keep a close watch on the views of sell-side analysts that cover the stock. The current analyst rating on Dolby Laboratories (DLB) is 4. This is based on a scale where a 5 would indicate a Strong Buy, a 4 would equal a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would indicate a Strong Sell.

Investors looking to chalk up healthy returns in the stock market may need to pay attention to avoid common pitfalls. When the good times are rolling, investors may be highly tempted to move a lot of money into certain stocks that have been churning out returns. One problem with this approach is that a stock that has been hot for a few months might not be hot over the next three months. It is always important to remember that past performance does not guarantee future results. Getting into a stock too late may leave the average investor pounding the table as a former winner turns into a current loser.