Dropbox Stock Due for a Short-Term Bounce
From Yahoo Finance: 2025-06-12 13:03:00
Dropbox Inc (NASDAQ:DBX) stock is down 4.2% in the last three days, hitting support at $28. A trendline on the charts indicates a potential short-term bounce. DBX has pulled back to its 50-day moving average, signaling a possible reversal. Past signals show an 83% chance of a 4.9% gain one month later, erasing recent losses.
Put traders have been active on Dropbox stock, with high put/call volume ratios at ISE, CBOE, and PHLX. The 10-day ratio of 3.28 and 50-day ratio of 1.90 are in the top 97% of readings from the past year. The Schaeffer’s put/call open interest ratio of 1.95 is in the 84th percentile, indicating strong bearish sentiment.
Read more at Yahoo Finance: Dropbox Stock Due for a Short-Term Bounce