Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DB
The long-term trend has been UP since Nov 4th, 2024 at 0.080
The intermediate-term trend has been UP since Oct 29th, 2024 at 0.055
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).
| 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 |