Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Decibel Cannabis Company Inc. (CDNX:DB)
Bear Market Rally (-75) - DB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DB as it may be in the beginning of a reversal.
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 DOWN since Sep 16th, 2021 at 0.24
The intermediate-term trend has been DOWN since Aug 27th, 2021 at 0.31
The short-term trend has been UP since Oct 15th, 2021 at 0.20
Smart Scan Analysis for DB
Based on our trend formula, DB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).