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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.

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Open High Low DPRO Price Change
0.5244 0.5500 0.5180 0.5342 +0.0042
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 Jul 11th, 2023 at 1.1300

short term down 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).

Smart Scan Analysis for DPRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5244 0.5500 0.5180 0.5342 +0.0042
Prev. Close Volume Bid Ask Time
0.5490 153464 2023-12-08 15:59:03
52wk High2.46552wk High Date2023-02-01
52wk Low0.512552wk Low Date2023-12-07
Average Volume221,285Shares Outstanding31,510
P/E Ratio1.7169
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