DOMAN BUILDING MATERIALS GRO (DBM.CA) Stock Technical Analysis
TSX:DBM - Toronto Stock Exchange - CA25703L1004 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to DBM. DBM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DBM is a bad performer in the overall market: 84% of all stocks are doing better.
DBM is one of the lesser performing stocks in the Trading Companies & Distributors industry. 100% of 13 stocks in the same industry do better.
DBM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month DBM has a been trading in the 6.77 - 7.86 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of DBM is bad and it also does not present a quality setup 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
6.47
7.73
When analyzing the support we notice one important area.
- A support zone ranging from 6.54 to 6.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 7.46 to 7.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.28
Mansfield-1.44
10 Day High7.86
10 Day Low6.77
20 Day High7.86
20 Day Low6.77
52 Week High9.96
52 Week Low6.32
Performance
1 Week-8.6%
2 Weeks-7.74%
1 Month-10.84%
3 Month-27.42%
6 Month-1.43%
12 Month-11.97%
2 Year7.47%
3 Year-13.52%
5 YearN/A
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)-0.05
RSI(14)21.97
LBB6.74
UBB7.98
TSX:DBM (3/7/2025, 7:00:00 PM)
6.91
-0.01 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.14%
1 Week-8.6%
2 Weeks-7.74%
1 Month-10.84%
3 Month-27.42%
6 Month-1.43%
12 Month-11.97%
2 Year7.47%
3 Year-13.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.64%
ATR Inc-37.59%
Range Today0.13
ADR(20)0.18
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.28
Mansfield-1.44
10 Day High7.86
10 Day Low6.77
20 Day High7.86
20 Day Low6.77
52 Week High9.96
52 Week Low6.32
CS1 End6.69
CR1 Start7.46
Volume & EV
DER(3)2.19%
DER(5)-2%
Volume292.33K
Volume Incr139.75%
Vol(5)472.52K
Vol(50)202.06K