Next Support Level for Dun & Bradstreet (DNB) is $77.84

Published on Thu, 12/27/2012 - 13:46
By Mallory Stone in Pivot alerts, DNB, dun & bradstreet, nyse:dnb, pivot alerts

Dun & Bradstreet (NYSE:DNB) has opened bearishly below the pivot of $81.09 today and has reached the first level of support at $79.13. Investors may be interested in a cross of the next downside pivot targets of $77.84 and $74.59.

Dun & Bradstreet has overhead space with shares priced $78.95, or 1.3% below the average consensus analyst price target of $80.00. The stock should hit resistance at its 50-day moving average (MA) of $80.28, as well as support at its 200-day MA of $77.37.

The Dun & Bradstreet Corporation provides business information and technology solutions. The Company's customers use these solutions in order to reduce credit risk, find profitable business partners, manage business relationships and collect cash and receivables. Dun & Bradstreet's database contains information on public and private companies around the world.

Dun & Bradstreet share prices have moved between a 52-week high of $86.52 and a 52-week low of $62.62 and are now trading 26% above that low price at $78.95 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

By Mallory Stone
mstone@fnno.com

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