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 10 out of 10. Both in the recent history as in the last year, DB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that DB is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by DB over the past year are nicely spread over this period.
DB is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 94% of 35 stocks in the same industry.
DB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DB has a been trading in the 0.08 - 0.10 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DB has an excellent technical rating, it does not present a decent entry opportunity 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
0.06
0.11
We found 2 important support areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.06 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DB.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DB.CA is neutral. |
| ChartMill Relative Strength | 90.68 | POSITIVE | DB.CA has a high relative strength, it outperformed 90.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.48 | NEUTRAL | The RSI value for DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for DB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for DB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.62 | POSITIVE | The high ADX value value for DB.CA suggests a strong trend. |
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)
TSX-V:DB (8/8/2025, 7:00:00 PM)
0.105
+0.01 (+10.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg10.53%
1 Week16.67%
2 Weeks10.53%
1 Month31.25%
3 Month50%
6 Month31.25%
12 Month90.91%
2 Year-40%
3 Year5%
5 Year16.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.67%
ATR Inc105.88%
Range Today0.02
ADR(20)0.01
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.68
Mansfield3.91
10 Day High0.11
10 Day Low0.09
20 Day High0.11
20 Day Low0.08
52 Week High0.11
52 Week Low0.04
CS1 End0.07
CR1 StartN/A
Volume & EV
DER(3)-13.7%
DER(5)-14.28%
Volume802.64K
Volume Incr-32.01%
Vol(5)261.62K
Vol(50)341.20K