Stock Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
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.
MarketClub’s Trade Triangles for DB
The long-term trend has been UP since Jan 7th, 2021 at 0.090
The intermediate-term trend has been DOWN since Apr 9th, 2021 at 0.155
The short-term trend has been DOWN since May 5th, 2021 at 0.175
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).