Technical Analysis for DBM - Doman Building Materials Group Ltd

Grade Last Price % Change Price Change
C 6.83 -0.15% -0.010
DBM closed down 0.15 percent on Monday, October 18, 2021, on 51 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: Nov 3
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up
Historical DBM trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Crossed Above 50 DMA Bullish -0.15%
Stochastic Reached Overbought Strength -0.15%
Inside Day Range Contraction -0.15%
Overbought Stochastic Strength -0.15%
Fell Below 50 DMA Bearish 1.34%
Older End-of-Day Signals for DBM ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above 50 DMA 3 days ago
Up 2% 3 days ago
Up 1% 3 days ago
Expansion Pivot Entry 4 days ago
Rose Above Previous Day's High 4 days ago
View Earlier Intraday Alerts

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Profile

Doman Building Materials Group Ltd. distributes building materials and related products in Canada, the United States, and Hawai. It distributes a range of building materials, lumber, renovation, and electrical products. The company owns approximately 117,000 acres of private timberlands, and strategic licenses and tenures. It is also involved in log harvesting and trucking, and post and pole peeling activities; and provision of pressure-treating services for specialty wood production plants. The company was formerly known as CanWel Building Materials Group Ltd. and changed its name to Doman Building Materials Group Ltd. in May 2021. Doman Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.
Classification

Sector: Basic Materials
Industry: Building Materials
Keywords: Building Materials

Is DBM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 9.5
52 Week Low 6.13
Average Volume 416,391
200-Day Moving Average 0.000
50-Day Moving Average 6.775
20-Day Moving Average 6.533
10-Day Moving Average 6.539
Average True Range 0.212
ADX 22.45
+DI 26.610
-DI 20.174
Chandelier Exit (Long, 3 ATRs) 6.344
Chandelier Exit (Short, 3 ATRs) 6.766
Upper Bollinger Bands 6.968
Lower Bollinger Band 6.098
Percent B (%b) 0.84
BandWidth 13.308
MACD Line 0.004
MACD Signal Line -0.069
MACD Histogram 0.0737
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.025
Resistance 3 (R3) 7.020 6.950 6.993
Resistance 2 (R2) 6.950 6.900 6.953 6.982
Resistance 1 (R1) 6.890 6.870 6.855 6.895 6.971
Pivot Point 6.820 6.820 6.803 6.823 6.820
Support 1 (S1) 6.760 6.770 6.725 6.765 6.689
Support 2 (S2) 6.690 6.740 6.693 6.678
Support 3 (S3) 6.630 6.690 6.668
Support 4 (S4) 6.635