Decibel Cannabis Stock Technical Analysis

DB Stock  CAD 0.07  0.01  6.67%   
As of the 13th of December 2024, Decibel Cannabis shows the Downside Deviation of 9.68, mean deviation of 4.5, and Semi Deviation of 4.99. Decibel Cannabis technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Decibel Cannabis downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Decibel Cannabis is priced favorably, providing market reflects its regular price of 0.07 per share.

Decibel Cannabis Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Decibel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Decibel
  
Decibel Cannabis' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Decibel Cannabis technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Decibel Cannabis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Decibel Cannabis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Decibel Cannabis Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Decibel Cannabis volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Decibel Cannabis Trend Analysis

Use this graph to draw trend lines for Decibel Cannabis. You can use it to identify possible trend reversals for Decibel Cannabis as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Decibel Cannabis price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Decibel Cannabis Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Decibel Cannabis applied against its price change over selected period. The best fit line has a slop of   0.0003  , which means Decibel Cannabis will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Decibel Cannabis price change compared to its average price change.

About Decibel Cannabis Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Decibel Cannabis on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Decibel Cannabis based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Decibel Cannabis price pattern first instead of the macroeconomic environment surrounding Decibel Cannabis. By analyzing Decibel Cannabis's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Decibel Cannabis's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Decibel Cannabis specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover0.971.191.661.02
Days Of Inventory On Hand557.96329.71249.23412.32

Decibel Cannabis December 13, 2024 Technical Indicators

Most technical analysis of Decibel help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Decibel from various momentum indicators to cycle indicators. When you analyze Decibel charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Decibel Cannabis December 13, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Decibel stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Decibel Stock Analysis

When running Decibel Cannabis' price analysis, check to measure Decibel Cannabis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Decibel Cannabis is operating at the current time. Most of Decibel Cannabis' value examination focuses on studying past and present price action to predict the probability of Decibel Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decibel Cannabis' price. Additionally, you may evaluate how the addition of Decibel Cannabis to your portfolios can decrease your overall portfolio volatility.