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Stock Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Decibel Cannabis Company Inc. (CDNX:DB)
Sidelines Mode (+55) - DB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for DB
The long-term trend has been DOWN since Sep 16th, 2021 at 0.240
The intermediate-term trend has been UP since Jan 5th, 2022 at 0.160
The short-term trend has been DOWN since Jan 11th, 2022 at 0.145
Smart Scan Analysis for DB
Based on our trend formula, DB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.150 | 0.150 | 0.145 | 0.150 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.150 | 135434 | 2022-01-18 15:58:01 |