Stock Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
Digital Brand Media and Marketing Group (NASDAQ:DBMM)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DBMM
The long term trend has been UP since Oct 9th, 2019 at 0.0009
The intermediate term trend has been DOWN since Dec 9th, 2019 at 0.0018
The short term trend has been UP since Dec 11th, 2019 at 0.0033
Smart Scan Analysis for DBMM
Based on a pre-defined weighted trend formula for chart analysis, DBMM scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.0015||Year High Date||2018-05-31|
|Year Low||0.0001||Year Low Date||2018-01-18|
|52wk High||0.0087||52wk High Date||2019-11-19|
|52wk Low||0.000001||52wk Low Date||2019-08-27|
|Average Volume||8,978,588||Shares Outstanding||757,719|