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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
DOMAN BUILDING MATERIALS GROUP LTD (TSE:DBM)
Sidelines Mode (-55) - DBM 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 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.
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MarketClub’s Trade Triangles for DBM
The long-term trend has been DOWN since May 10th, 2024 at 7.51
The intermediate-term trend has been UP since Jul 18th, 2024 at 7.11
The short-term trend has been DOWN since Jul 24th, 2024 at 7.01
Smart Scan Analysis for DBM
Based on our trend formula, DBM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for DBM](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
7.010 | 7.090 | 6.995 | 7.080 | +0.130 |
Prev. Close | Volume | Bid | Ask | Time |
6.950 | 88079 | 2024-07-26 15:59:59 |