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.
MarketClub’s Trade Triangles for DPRO
The long-term trend has been UP since Nov 22nd, 2022 at 1.15
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 1.82
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).
|52wk High||2.53||52wk High Date||2022-04-04|
|52wk Low||0.5||52wk Low Date||2022-11-10|
|Average Volume||496,318||Shares Outstanding||31,510|