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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
DECIBEL CANNABIS CO INC (NASDAQ:DBCCF)
Countertrend Down (-85) - DBCCF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DBCCF?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBCCF.
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MarketClub’s Trade Triangles for DBCCF
The long-term trend has been DOWN since Nov 28th, 2023 at 0.0911
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.0901
The short-term trend has been UP since May 8th, 2024 at 0.0920
Smart Scan Analysis for DBCCF
Based on our trend formula, DBCCF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09300 | 0.09300 | 0.08000 | 0.08510 | +0.00082 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08510 | 245990 | 2024-05-08 14:48:00 |
| 52wk High | 0.1392 | 52wk High Date | 2023-09-18 |
| 52wk Low | 0.0715 | 52wk Low Date | 2024-03-06 |
| Average Volume | 57,595 | Shares Outstanding | 110,386 |
| Assets | 88,733,000M | Liabilities | 55,302,000M |
| P/E Ratio | 20.3429 |