Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Decibel Therapeutics, Inc. (NASDAQ:DBTX)
Long-Term Downtrend (-90) - DBTX is in a strong downtrend that is likely to continue. While DBTX 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 DBTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBTX
The long-term trend has been DOWN since Mar 4th, 2021 at 17.67
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 7.41
The short-term trend has been DOWN since Oct 14th, 2021 at 7.41
Smart Scan Analysis for DBTX
Based on our trend formula, DBTX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.39||52wk High Date||2021-02-12|
|52wk Low||6.18||52wk Low Date||2021-05-13|
|Average Volume||32,011||Shares Outstanding||24,898|