Stock Trend Analysis Report
Prepared for you on Thursday, January 21, 2021.
Damara Gold Corp (CDNX:DMR)
Weak Uptrend (+65) - DMR is showing signs of weakening momentum to the upside. Monitor DMR as it may be in the beginning stages of a reversal.
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 UP since Jul 2nd, 2020 at 0.035
The intermediate-term trend has been UP since Dec 11th, 2020 at 0.080
The short-term trend has been DOWN since Jan 11th, 2021 at 0.130
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).