Stock Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Designer Brands Inc. (NYSE:DBI)
Sidelines Mode (+55) - DBI 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 DBI?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBI
The long-term trend has been UP since Nov 23rd, 2020 at 8.30
The intermediate-term trend has been UP since Apr 27th, 2021 at 18.45
The short-term trend has been DOWN since May 11th, 2021 at 18.38
Smart Scan Analysis for DBI
Based on our trend formula, DBI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.925||52wk High Date||2021-05-10|
|52wk Low||4.17||52wk Low Date||2020-05-14|
|Average Volume||1,038,274||Shares Outstanding||72,402|