DOMAN BUILDING MATERIALS GRO (DBM.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:DBM - CA25703L1004 - Common Stock
We assign a technical rating of 8 out of 10 to DBM. Although DBM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DBM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DBM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.63
We found 4 important support areas.
- A support zone ranging from 9.42 to 9.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.16 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.50 to 8.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.70 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.00 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DBM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBM.CA is up. |
| ChartMill Relative Strength | 61.3 | NEUTRAL | DBM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.92 | NEUTRAL | The RSI value for DBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DBM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.51 | OVERBOUGHT | The high Stochastics value suggests DBM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for DBM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.26 | POSITIVE | The high ADX value value for DBM.CA suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.01 | 9.31 | 0.70 (6.99%) | 14.30% |
| An entry @10.01. This is a Buy Stop order right above the resistance zone. | An exit @9.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.70 points, which is 6.99%. | When investing 14.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:DBM (1/12/2026, 7:00:00 PM)
9.8
-0.09 (-0.91%)
DOMAN BUILDING MATERIALS GRO / DBM.CA FAQ
What is the technical rating for DBM stock?
ChartMill assigns a technical rating of 8 / 10 to DBM.CA.
What is the trend direction for DBM stock?
The current trend direction for DOMAN BUILDING MATERIALS GRO (DBM.CA) is Bullish.
What is the RSI signal for DOMAN BUILDING MATERIALS GRO (DBM.CA) stock?
DOMAN BUILDING MATERIALS GRO (DBM.CA) has an RSI value of 65.9161. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DOMAN BUILDING MATERIALS GRO?
The short term momentum for DOMAN BUILDING MATERIALS GRO (DBM.CA) is positive.
What is the buy/sell signal for DBM stock?
The buy/sell signal for DOMAN BUILDING MATERIALS GRO (DBM.CA) is buy as both the short term and long term trends are positive.