Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)

Countertrend Up (+85) - DBM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
6.95 7.46 6.90 7.42 +0.48
Entry Signal

MarketClub’s Trade Triangles for DBM

long term up The long-term trend has been UP since Jan 3rd, 2023 at 6.10

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2023 at 6.93

short term down The short-term trend has been DOWN since Dec 8th, 2023 at 6.91

Smart Scan Analysis for DBM

Based on our trend formula, DBM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.95 7.46 6.90 7.42 +0.48
Prev. Close Volume Bid Ask Time
7.42 358877 2023-12-08 15:59:11
Get a free daily analysis and signals for DOMAN BUILDING MATERIALS GROUP LTD (DBM) - Request Your Free Report.