Shares of DBMF Now Oversold
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2024
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Source: NASDAQ.COM
RSI Analysis: DBMF's RSI reading is at 29.2, indicating potential exhaustion of recent selling pressure, while the S&P 500's RSI is at 44.2.
Stock Performance: DBMF shares are currently trading at $28.36, down 2.1% for the day, with a 52-week range between $25.60 and $30.6299.
Analyst Views on DBMF
Wall Street analysts forecast DBMF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DBMF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 29.490
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Current: 29.490
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
