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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Damon Inc. (NASDAQ:DMN)
Long-Term Downtrend (-90) - DMN is in a strong downtrend that is likely to continue. While DMN 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 DMN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DMN.
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 DMN
The long-term trend has been DOWN since Nov 20th, 2024 at 1.53
The intermediate-term trend has been DOWN since Jan 21st, 2025 at 0.61
The short-term trend has been DOWN since Feb 19th, 2025 at 0.45
Smart Scan Analysis for DMN
Based on our trend formula, DMN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3716 | 0.3880 | 0.3300 | 0.3520 | -0.0350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3600 | 555648 | 2025-02-21 15:59:42 |
| 52wk High | 4.95 | 52wk High Date | 2024-11-18 |
| 52wk Low | 0.366 | 52wk Low Date | 2025-02-20 |
| Average Volume | 378,667 | Shares Outstanding | 20,768 |