Logo image of DBM-NT.CA

Doman Building Materials Group Ltd (DBM-NT.CA) Stock Technical Analysis

TSX:DBM-NT - Toronto Stock Exchange - - Currency: CAD

99.89  0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to DBM-NT. Although DBM-NT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
DBM-NT is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 75% of 13 stocks in the same industry.
When comparing the performance of all stocks over the past year, DBM-NT turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
DBM-NT 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 DBM-NT has a been trading in a tight range between 98.50 and 100.10.
Considerably lower volume is observed in the last couple of days.

More info and screens

Weekly and Daily overview Charts
Doman Building Materials Group Ltd / DBM-NT Weekly stock chart
Doman Building Materials Group Ltd / DBM-NT Daily stock chart
Setup Rating and Analysis

7

DBM-NT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 99.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 99.89, a Stop Loss order could be placed below this zone.

More info and screens

Support and Resistance Analysis

94.05

101.10

2 important support areas can be observed.

  • A support zone ranging from 99.20 to 99.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 95.00 to 97.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 99.91 to 100.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.19
Mansfield-0.77
10 Day High99.9
10 Day Low99.83
20 Day High100.1
20 Day Low98.5
52 Week High103
52 Week Low95
Performance
1 Week0%
2 Weeks0.07%
1 Month1.41%
3 Month0.39%
6 Month4.05%
12 Month-2.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

More info

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)

More info

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)-0.02
RSI(14)57.32
LBB99.82
UBB99.97

More info

Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
99.9199.820.09 (0.09%)25.00%
An entry @99.91. This is a Buy Stop order right above the 10 day high.An exit @99.82. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.09 points, which is 0.09%.For a 0.02% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

More info and screens

Doman Building Materials Group Ltd / DBM-NT Daily stock chart

Doman Building Materials Group Ltd

TSX:DBM-NT (6/29/2023, 7:00:00 PM)

99.89

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0%
1 Week0%
2 Weeks0.07%
1 Month1.41%
3 Month0.39%
6 Month4.05%
12 Month-2.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.21%
ATR Inc-95.65%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.19
Mansfield-0.77
10 Day High99.9
10 Day Low99.83
20 Day High100.1
20 Day Low98.5
52 Week High103
52 Week Low95
CS1 End99.89
CR1 Start99.91
Volume & EV
DER(3)0%
DER(5)0%
Volume50.00K
Volume Incr-63.1%
Vol(5)17.40K
Vol(50)34.62K