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Stock Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Draganfly Inc. - Common Shares (NASDAQ:DPRO)

Weak Downtrend (-65) - DPRO is showing signs of a strengthening downtrend. Monitor DPRO as it may be building momentum to the downside.

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.

Open High Low DPRO Price Change
1.27 1.38 1.27 1.29 +0.02
Entry Signal

MarketClub’s Trade Triangles for DPRO

long term up The long-term trend has been UP since Nov 22nd, 2022 at 1.15

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 1.82

short term down The short-term trend has been DOWN since Mar 6th, 2023 at 2.10

Smart Scan Analysis for DPRO

Based on our trend formula, DPRO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for DPRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.27 1.38 1.27 1.29 +0.02
Prev. Close Volume Bid Ask Time
1.28 368283 2023-03-30 15:59:51
52wk High2.5352wk High Date2022-04-04
52wk Low0.552wk Low Date2022-11-10
Average Volume496,318Shares Outstanding31,510
P/E Ratio1.7169
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