Stock Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)
Crossroads (+60) - DBM is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for DBM
The long-term trend has been DOWN since Jul 8th, 2021 at 8.12
The intermediate-term trend has been UP since Sep 27th, 2021 at 6.80
The short-term trend has been UP since Sep 23rd, 2021 at 6.64
Smart Scan Analysis for DBM
Based on our trend formula, DBM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).