DNB finds buyers again around 141.08
Dun & Bradstreet Corporation (DNB) Technical Analysis Report for Aug 10, 2018 | by Techniquant Editorial Team
DNB finished the week 14.17% higher at 141.94 after losing $0.27 (-0.19%) today on high volume. Closing within the previous day's range, prices failed to decisively move past the prior day's trading range in a lackluster session. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.
Daily Candlestick Chart (DNB as at Aug 10, 2018):
Friday's trading range was $1.19 (0.84%), that's far below last trading month's daily average range of $2.15. Things look different on a weekly scale, where volatility is way above the markets average with the monthly volatility being way above average.
After having been unable to move lower than 141.22 in the previous session, Dun & found buyers again around the same price level today at 141.08.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
Buying might speed up should prices move above the close-by swing high at 144.00 where further buy stops could get activated.