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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Decibel Cannabis Company Inc. (CDNX:DB)

Strong Downtrend (-100) - DB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DB continues to fall. Traders should use caution and set stops.

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
0.070 0.070 0.065 0.065 0.000
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 down The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.125

short term down The short-term trend has been DOWN since May 15th, 2024 at 0.115

Smart Scan Analysis for DB

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

-100
Smart Scan Analysis for DB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.070 0.070 0.065 0.065 0.000
Prev. Close Volume Bid Ask Time
0.065 274000 2024-06-20 15:34:37
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