Stock Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)
Bull Market Weakness (+75) - DBM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DBM as it may be in the beginning stages of a reversal.
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 UP since Dec 10th, 2021 at 7.48
The intermediate-term trend has been UP since Dec 10th, 2021 at 7.48
The short-term trend has been DOWN since Jan 10th, 2022 at 8.05
Smart Scan Analysis for DBM
Based on our trend formula, DBM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).