Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
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 Sep 28th, 2023 at 0.7800
The intermediate-term trend has been DOWN since Jul 11th, 2023 at 1.1300
The short-term trend has been DOWN since Dec 6th, 2023 at 0.5145
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||2.465||52wk High Date||2023-02-01|
|52wk Low||0.5125||52wk Low Date||2023-12-07|
|Average Volume||221,285||Shares Outstanding||31,510|