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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Decibel Cannabis Company Inc. (CDNX:DB)

Crossroads (+60) - DB 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 DB?

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

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

CDNX_DB
Open High Low DB Price Change
0.12 0.12 0.12 0.12 0.00
Entry Signal

MarketClub’s Trade Triangles for DB

long term down The long-term trend has been DOWN since Nov 28th, 2023 at 0.130

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 0.125

short term up The short-term trend has been UP since Mar 18th, 2024 at 0.110

Smart Scan Analysis for DB

Based on our trend formula, DB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12 0.12 0.12 0.12 0.00
Prev. Close Volume Bid Ask Time
0.12 263169 2024-03-28 15:40:19
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