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Stock Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Decibel Cannabis Company Inc. (CDNX:DB)
Strong Downtrend (-100) - DB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DB continues to fall. 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.
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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 Jul 4th, 2022 at 0.09
The short-term trend has been DOWN since Jun 28th, 2022 at 0.10
Smart Scan Analysis for DB
Based on our trend formula, DB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.090 | 0.090 | 0.085 | 0.085 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.090 | 8700 | 2022-07-06 15:48:30 |