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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.

CDNX_DB
Open High Low DB Price Change
0.180 0.190 0.170 0.185 +0.005
Entry Signal

MarketClub’s Trade Triangles for DB

long term up The long-term trend has been UP since Jan 7th, 2021 at 0.090

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2021 at 0.155

short term down 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).

+60
Smart Scan Analysis for DB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.180 0.190 0.170 0.185 +0.005
Prev. Close Volume Bid Ask Time
0.185 556772 2021-05-05 15:29:04
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