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Stock Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Decibel Cannabis Company Inc. (CDNX:DB)

Countertrend Up (+85) - DB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.065 0.065 0.060 0.065 0.000
Entry Signal

MarketClub’s Trade Triangles for DB

long term up The long-term trend has been UP since Nov 4th, 2024 at 0.080

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2024 at 0.055

short term up The short-term trend has been UP since Nov 21st, 2024 at 0.065

Smart Scan Analysis for DB

Based on our trend formula, DB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.065 0.065 0.060 0.065 0.000
Prev. Close Volume Bid Ask Time
0.065 1158506 2024-12-02 15:43:59
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