Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Damara Gold Corp (CDNX:DMR)
Weak Downtrend (-65) - DMR is showing signs of a strengthening downtrend. Monitor DMR as it may be building momentum to the downside.
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 5th, 2021 at 0.100
The intermediate-term trend has been UP since Oct 15th, 2021 at 0.065
The short-term trend has been DOWN since Oct 19th, 2021 at 0.055
Smart Scan Analysis for DMR
Based on our trend formula, DMR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).