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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Draganfly Inc. - Common Shares (NASDAQ:DPRO)
Weak Downtrend (-65) - DPRO is showing signs of a strengthening downtrend. Monitor DPRO as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DPRO?
MarketClub looks at technical strength and momentum to determine if the timing is right for DPRO.
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 DPRO
The long-term trend has been DOWN since Sep 28th, 2023 at 0.7800
The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.2131
The short-term trend has been UP since May 8th, 2024 at 0.2450
Smart Scan Analysis for DPRO
Based on our trend formula, DPRO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2600 | 0.2660 | 0.2300 | 0.2461 | +0.0087 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2500 | 1594385 | 2024-05-08 15:59:38 |
| 52wk High | 1.48 | 52wk High Date | 2023-06-21 |
| 52wk Low | 0.1303 | 52wk Low Date | 2024-02-23 |
| Average Volume | 901,604 | Shares Outstanding | 31,510 |
| Assets | 8,330,292M | Liabilities | 7,922,576M |
| P/E Ratio | 1.7169 |
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