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Stock Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Decibel Cannabis Company Inc. (CDNX:DB)
Strong Downtrend (-100) - DB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DB.
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 DB
The long-term trend has been DOWN since Nov 28th, 2023 at 0.130
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.125
The short-term trend has been DOWN since Apr 29th, 2024 at 0.125
Smart Scan Analysis for DB
Based on our trend formula, DB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.125 | 0.125 | 0.115 | 0.120 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.115 | 165507 | 2024-05-03 15:09:58 |