Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Drone Delivery Canada Corp (CDNX:FLT)
Long-Term Downtrend (-90) - FLT is in a strong downtrend that is likely to continue. While FLT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FLT
The long-term trend has been DOWN since Jul 27th, 2023 at 0.350
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 0.245
The short-term trend has been DOWN since Nov 27th, 2023 at 0.185
Smart Scan Analysis for FLT
Based on our trend formula, FLT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.26||Year High Date||2018-02-12|
|Year Low||0.88||Year Low Date||2018-01-04|
|52wk High||2.26||52wk High Date||2018-02-12|
|52wk Low||0.88||52wk Low Date||2017-12-27|