Stock Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
Draganfly Inc. - Common Shares (NASDAQ:DPRO)
Long-Term Downtrend (-90) - DPRO is in a strong downtrend that is likely to continue. While DPRO 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 DPRO?
MarketClub looks at technical strength and momentum to determine if the timing is right for DPRO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DPRO
The long-term trend has been DOWN since Nov 23rd, 2021 at 2.61
The intermediate-term trend has been DOWN since Nov 9th, 2021 at 3.21
The short-term trend has been DOWN since Dec 28th, 2021 at 1.77
Smart Scan Analysis for DPRO
Based on our trend formula, DPRO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.7||52wk High Date||2021-02-08|
|52wk Low||1.4||52wk Low Date||2022-01-13|
|Average Volume||287,585||Shares Outstanding||31,510|