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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Damara Gold Corp (CDNX:DMR)
Sidelines Mode (+55) - DMR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DMR
The long-term trend has been UP since Apr 3rd, 2024 at 0.015
The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.015
The short-term trend has been DOWN since Apr 17th, 2024 at 0.025
Smart Scan Analysis for DMR
Based on our trend formula, DMR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03 | 0.03 | 0.03 | 0.03 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03 | 2563 | 2024-05-08 15:03:18 |