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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Digital Brands Group, Inc. (NASDAQ:DBGI)
Countertrend Down (-85) - DBGI 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 DBGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBGI.
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 DBGI
The long-term trend has been DOWN since May 8th, 2024 at 2.4000
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 3.4000
The short-term trend has been UP since May 6th, 2024 at 2.9714
Smart Scan Analysis for DBGI
Based on our trend formula, DBGI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.56 | 2.70 | 2.30 | 2.49 | -0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.49 | 42815 | 2024-05-08 15:59:45 |
| 52wk High | 27.5 | 52wk High Date | 2023-05-10 |
| 52wk Low | 2.295 | 52wk Low Date | 2024-01-22 |
| Average Volume | 89,271 | Shares Outstanding | 858 |
| Assets | 25,336,033M | Liabilities | 23,733,441M |
| P/E Ratio | -0.02080000 |