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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)
Weak Uptrend (+65) - DBM is showing signs of weakening momentum to the upside. Monitor DBM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DBM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBM.
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 DBM
The long-term trend has been UP since Jan 3rd, 2023 at 6.10
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 8.02
The short-term trend has been UP since May 3rd, 2024 at 7.88
Smart Scan Analysis for DBM
Based on our trend formula, DBM 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 |
|---|---|---|---|---|
| 7.89 | 7.96 | 7.85 | 7.92 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.91 | 103222 | 2024-05-08 15:59:45 |
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