Stock Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
Damara Gold Corp (CDNX:DMR)
Strong Downtrend (-100) - DMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DMR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DMR
The long-term trend has been DOWN since Apr 18th, 2022 at 0.065
The intermediate-term trend has been DOWN since Apr 7th, 2022 at 0.070
The short-term trend has been DOWN since Jun 16th, 2022 at 0.045
Smart Scan Analysis for DMR
Based on our trend formula, DMR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).