Stock Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
DESTINY MEDIA TECHS INC (NASDAQ:DSNY)
Long-Term Downtrend (-90) - DSNY is in a strong downtrend that is likely to continue. While DSNY 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 DSNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DSNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DSNY
The long-term trend has been DOWN since Nov 24th, 2021 at 1.230
The intermediate-term trend has been DOWN since Dec 28th, 2021 at 1.150
The short-term trend has been DOWN since Jan 20th, 2022 at 1.215
Smart Scan Analysis for DSNY
Based on our trend formula, DSNY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.28||Year High Date||2018-01-23|
|Year Low||0.0708||Year Low Date||2018-11-15|
|52wk High||2.6003||52wk High Date||2021-03-24|
|52wk Low||0.9605||52wk Low Date||2021-11-24|
|Year End Close||0.62||Average Volume||8,890|