DECIBEL CANNABIS CO INC (DB.CA) Stock Technical Analysis
TSX-V:DB - TSX Venture Exchange - CA2434371001 - Common Stock - Currency: CAD
Overall DB gets a technical rating of 4 out of 10. DB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
70% of all other stocks performed better in the past year than DB.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DB is part of the Pharmaceuticals industry. There are 35 other stocks in this industry, DB did better than 41% of them.
DB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DB has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DB has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.05
0.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.10 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.75
Mansfield-0.62
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.14
52 Week Low0.04
Performance
1 Week0%
2 Weeks7.14%
1 Month0%
3 Month25%
6 Month15.38%
12 Month-31.82%
2 Year-44.44%
3 Year-28.57%
5 Year7.14%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.51
LBB0.06
UBB0.08
TSX-V:DB (3/7/2025, 7:00:00 PM)
0.075
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week0%
2 Weeks7.14%
1 Month0%
3 Month25%
6 Month15.38%
12 Month-31.82%
2 Year-44.44%
3 Year-28.57%
5 Year7.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%6.33%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.75
Mansfield-0.62
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.14
52 Week Low0.04
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)8.74%
DER(5)8%
Volume10.01K
Volume Incr18%
Vol(5)429.34K
Vol(50)285.10K