Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>DNB stock price gave a breakout from the falling wedge pattern.</a></li>
 <li><span>2</span> <a>Dun &amp; Bradstreet Stock price shows a bullish presence in the stock price.</a></li>
</ul>
<p>Dun &amp; Bradstreet stock showed a strong chart structure in the recent trading sessions. The price traded above the key moving averages and reflected the buyers’ power. The sellers were wary of the competition and waited for a decline to show their influence. But seeing the rise, they were closing their positions and staying on the sidelines. The buyers kept making long positions and steadily moved toward the $10 mark.</p>
<p>DNB stock was trading at $9.85 at the time of writing with a slight rise of 2.18% for the day, showing neutrality in the last trading session. The trading volume for the day was 2.301 Million. The market cap of DNB stock was $4.324 Billion. The stock displayed the bulls’ strength and maintained the gains leading the way.</p>
<p>On the daily charts, Dun &amp; Bradstreet stock stayed on the top, near the supply zone, holding the gains convincingly. Buyers have an edge and have dominated the past few <a href="https://www.thecoinrepublic.com/2023/07/10/carvana-cvna-stock-price-moves-upside-with-low-trading-volume/" rel="noopener noreferrer nofollow">trading sessions</a>. Moreover, the price persisted in forming higher highs, and sellers were trapped during the rebound.</p>
<p>As per the stock technicals, analysts maintained a buy rating, and the target price of $15 showed the stock’s bullishness.</p>
<h2 class="wp-block-heading" id="strong-technical-analysis-of-dun-bradstreet-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of Dun &amp; Bradstreet&nbsp; Stock Price in 1-D Timeframe</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="464" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Technical-Analysis-of-Dun-Bradstreet-Stock-Price-in-1-D-Timeframe-1024x464.webp" alt="Technical Analysis of Dun &amp; Bradstreet&nbsp; Stock Price in 1-D Timeframe" class="wp-image-179836" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Technical-Analysis-of-Dun-Bradstreet-Stock-Price-in-1-D-Timeframe-1024x464.webp 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Technical-Analysis-of-Dun-Bradstreet-Stock-Price-in-1-D-Timeframe-300x136.webp 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Technical-Analysis-of-Dun-Bradstreet-Stock-Price-in-1-D-Timeframe-768x348.webp 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Technical-Analysis-of-Dun-Bradstreet-Stock-Price-in-1-D-Timeframe-750x340.webp 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Technical-Analysis-of-Dun-Bradstreet-Stock-Price-in-1-D-Timeframe-1140x517.webp 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Technical-Analysis-of-Dun-Bradstreet-Stock-Price-in-1-D-Timeframe.webp 1273w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Dun &amp; Bradstreet.1D.NYSE by TradingView
  </figcaption>
 </figure>
</div>
<p>Currently, Dun &amp; Bradstreet stock (NYSE: DNB) is trading above the 20-day EMAs (Simple moving averages), which are supporting the price momentum.&nbsp;</p>
<p>However, if buying volume adds up, then the price will support bullish momentum by making higher highs and new highs. Therefore, the Dun &amp; Bradstreet price is expected to move upward, giving bullish views over the daily time frame chart.</p>
<p>The current value of RSI is 55.97 points. The 14 SMA is below the median line at 39.28 points which indicates that the Dun &amp; Bradstreet <a href="https://www.thecoinrepublic.com/2023/11/08/amplitech-stock-will-ampg-stock-change-the-game-in-2024/" rel="noopener noreferrer nofollow">stock </a>is bullish.</p>
<p>The MACD line at -0.1271 and the signal line at&nbsp; -0.2201 are below the zero line. A bullish crossover is observed in the MACD indicator which signals strength in the momentum of the DNB stock price.</p>
<h2 class="wp-block-heading" id="strong-weekly-charts-price-analysis-strong"><strong>Weekly Charts Price Analysis</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="465" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Weekly-Charts-Price-Analysis-1024x465.webp" alt="Weekly Charts Price Analysis" class="wp-image-179835" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Weekly-Charts-Price-Analysis-1024x465.webp 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Weekly-Charts-Price-Analysis-300x136.webp 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Weekly-Charts-Price-Analysis-768x348.webp 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Weekly-Charts-Price-Analysis-750x340.webp 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Weekly-Charts-Price-Analysis-1140x517.webp 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/Weekly-Charts-Price-Analysis.webp 1272w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Dun &amp; Bradstreet.1D.NYSE by TradingView
  </figcaption>
 </figure>
</div>
<p>The weekly charts of Dun &amp; Bradstreet stock reveal that the sellers have been dominant. The stock has been on a downward trend, as it has broken below the key EMAs. The technical indicators also confirm the bearish sentiment, as the RSI is near the oversold zone at 42 and the MACD has formed red bars and a bearish crossover. These signals indicate that the stock may face more downside pressure in the coming weeks.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>Dun &amp; Bradstreet (NYSE: DNB)&nbsp; oscillators are currently indicating that the price is overbought. The investors could be more optimistic regarding the stock. The MACD, RSI, and EMA are emphasizing positive signs and imply that the uptrend may continue in the DNB stock price. Price action suggests that the investors and traders are bullish on the 1-Day time frame. The price action reflects a bullish perspective at the moment. However, Investors and traders should wait for proper setup for the next move and avoid FOMO.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p>Support Levels: The nearest support levels for the Dun &amp; Bradstreet stock price are $8.67 and $8.00.</p>
<p>Resistance levels: The nearest resistance levels for the DNB stock price are $9.89 and $11.19.</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.</p>

DNB Stock: Dun & Bradstreet Stock Break Above Falling Wedge

目录

Thecoinrepublic.com

发布于 2023年11月9日的其他文章

RepubliK, an Introduction to this New WEB3 Social Media Platform

HSBC Set to Launch a Digital Assets Custody Service

Token Unlocks Announces a November Slate of Token Releases Worth Over $398M

Top 5 Meme Coins That Are Outperforming The Altcoin Rally

Bitcoin miner Marathon Digital posts 670% surge in Q3 revenue

Peaky Blinders and Black Mirror Are Entering The Metaverse

订阅我们免费的电子期刊，获取每日最新加密领域动态！