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Dropbox Inc Stock (DBX) “On a long-term technical basis, the stock (DBX) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 21.62 and 20.34. If the stock breaks down through support at 21.62 then it will probably continue lower to 20.34. The stock has resistance at 26.50. The 200-day moving average is at 20.34. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 21.62 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (85.31).”
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