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Stock Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

Draganfly Inc. - Common Shares (NASDAQ:DPRO)

Sidelines Mode (-55) - DPRO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.2240 0.2283 0.2180 0.2235 +0.0005
Entry Signal

MarketClub’s Trade Triangles for DPRO

long term down The long-term trend has been DOWN since Sep 28th, 2023 at 0.7800

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.2300

short term up The short-term trend has been UP since Jul 10th, 2024 at 0.2219

Smart Scan Analysis for DPRO

Based on our trend formula, DPRO is rated as a -55 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
0.2240 0.2283 0.2180 0.2235 +0.0005
Prev. Close Volume Bid Ask Time
0.2240 527859 2024-07-12 15:35:28
52wk High1.1852wk High Date2023-07-13
52wk Low0.130352wk Low Date2024-02-23
Average Volume430,980Shares Outstanding31,510
P/E Ratio1.7169
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