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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)

Weak Downtrend (-65) - DBM is showing signs of a strengthening downtrend. Monitor DBM as it may be building momentum to the downside.

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
7.940 7.950 7.830 7.855 -0.025
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 down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 8.02

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 7.99

Smart Scan Analysis for DBM

Based on our trend formula, DBM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.940 7.950 7.830 7.855 -0.025
Prev. Close Volume Bid Ask Time
7.880 102678 2024-04-19 15:59:30
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