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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Decade Resources Ltd (CDNX:DEC)

Long-Term Downtrend (-90) - DEC is in a strong downtrend that is likely to continue. While DEC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DEC?

MarketClub looks at technical strength and momentum to determine if the timing is right for DEC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_DEC
Open High Low DEC Price Change
0.06 0.06 0.06 0.06 0.00
Entry Signal

MarketClub’s Trade Triangles for DEC

long term down The long-term trend has been DOWN since Jan 25th, 2024 at 0.12

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 0.06

short term down The short-term trend has been DOWN since May 1st, 2024 at 0.06

Smart Scan Analysis for DEC

Based on our trend formula, DEC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DEC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06 0.06 0.06 0.06 0.00
Prev. Close Volume Bid Ask Time
0.06 2000 2024-05-08 10:07:32
Year High0.095Year High Date2018-06-18
Year Low0.03Year Low Date2018-11-21
52wk High0.09552wk High Date2018-06-18
52wk Low0.0352wk Low Date2018-11-21
Year End Close0.045Average Volume37,511
Volatility112.28
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