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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Digital Brands Group, Inc. (NASDAQ:DBGI)
Long-Term Downtrend (-90) - DBGI is in a strong downtrend that is likely to continue. While DBGI 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 DBGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBGI.
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 DBGI
The long-term trend has been DOWN since May 8th, 2024 at 2.40
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 1.35
The short-term trend has been DOWN since Jul 18th, 2024 at 1.60
Smart Scan Analysis for DBGI
Based on our trend formula, DBGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2600 | 1.3900 | 1.2521 | 1.3500 | +0.0900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2600 | 114349 | 2024-07-26 15:59:54 |
| 52wk High | 24.75 | 52wk High Date | 2023-08-16 |
| 52wk Low | 1.21 | 52wk Low Date | 2024-07-25 |
| Average Volume | 63,557 | Shares Outstanding | 1,936 |
| Assets | 24,848,324M | Liabilities | 21,868,696M |
| P/E Ratio | -0.02080000 |