Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)

Sidelines Mode (-55) - DBM 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 DBM?

MarketClub looks at technical strength and momentum to determine if the timing is right for DBM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_DBM
Open High Low DBM Price Change
7.22 7.31 7.20 7.29 +0.14
Entry Signal

MarketClub’s Trade Triangles for DBM

long term down The long-term trend has been DOWN since May 10th, 2024 at 7.51

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 8.02

short term up The short-term trend has been UP since Jun 12th, 2024 at 7.24

Smart Scan Analysis for DBM

Based on our trend formula, DBM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.22 7.31 7.20 7.29 +0.14
Prev. Close Volume Bid Ask Time
7.28 163760 2024-06-12 15:59:00
Get a free daily analysis and signals for DOMAN BUILDING MATERIALS GROUP LTD (DBM) - Request Your Free Report.