Stock Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
Decibel Cannabis Company Inc. (CDNX:DB)
Weak Downtrend (-65) - DB is showing signs of a strengthening downtrend. Monitor DB as it may be building momentum to the downside.
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 Mar 10th, 2020 at 0.105
The intermediate-term trend has been UP since Sep 11th, 2020 at 0.100
The short-term trend has been DOWN since Sep 11th, 2020 at 0.090
Smart Scan Analysis for DB
Based on our trend formula, DB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).