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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Damon Inc. (NASDAQ:DMN)
Bear Market Rally (-75) - DMN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DMN as it may be in the beginning of a reversal.
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 Nov 20th, 2024 at 1.53
The short-term trend has been UP since Dec 24th, 2024 at 0.71
Smart Scan Analysis for DMN
Based on our trend formula, DMN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.710 | 0.830 | 0.676 | 0.787 | +0.060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.727 | 377954 | 2024-12-26 15:03:26 |
| 52wk High | 4.95 | 52wk High Date | 2024-11-18 |
| 52wk Low | 0.512 | 52wk Low Date | 2024-12-20 |
| Average Volume | 646,089 | Shares Outstanding | 20,768 |