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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)

Bear Market Rally (-75) - DBM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DBM as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid DBM?

MarketClub looks at technical strength and momentum to determine if the timing is right for DBM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_DBM
Open High Low DBM Price Change
7.40 7.40 7.21 7.27 +0.03
Entry Signal

MarketClub’s Trade Triangles for DBM

long term down The long-term trend has been DOWN since May 10th, 2024 at 7.51

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 8.02

short term up The short-term trend has been UP since May 17th, 2024 at 7.36

Smart Scan Analysis for DBM

Based on our trend formula, DBM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.40 7.40 7.21 7.27 +0.03
Prev. Close Volume Bid Ask Time
7.27 304918 2024-05-17 15:59:10
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