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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Damon Inc. (NASDAQ:DMN)

Strong Downtrend (-100) - DMN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DMN continues to fall. 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.

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NASDAQ_DMN
Open High Low DMN Price Change
1.750 1.750 1.460 1.462 -0.358
Entry Signal

MarketClub’s Trade Triangles for DMN

long term down The long-term trend has been DOWN since Nov 20th, 2024 at 1.53

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2024 at 1.53

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for DMN

Based on our trend formula, DMN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for DMN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.750 1.750 1.460 1.462 -0.358
Prev. Close Volume Bid Ask Time
1.490 647977 2024-11-20 15:59:23
52wk High4.9552wk High Date2024-11-18
52wk Low1.5352wk Low Date2024-11-19
Average Volume1,009,002
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