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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Decibel Cannabis Company Inc. (CDNX:DB)

Long-Term Downtrend (-90) - DB is in a strong downtrend that is likely to continue. While DB is showing intraday strength, it remains in the confines of a bearish trend. 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.

CDNX_DB
Open High Low DB Price Change
0.125 0.130 0.125 0.130 +0.010
Entry Signal

MarketClub’s Trade Triangles for DB

long term down The long-term trend has been DOWN since Nov 28th, 2023 at 0.130

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.130

short term down The short-term trend has been DOWN since Nov 21st, 2023 at 0.145

Smart Scan Analysis for DB

Based on our trend formula, DB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.125 0.130 0.125 0.130 +0.010
Prev. Close Volume Bid Ask Time
0.130 171515 2023-11-29 15:59:51
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