DOMAN BUILDING MATERIALS GRO (DBM.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:DBM • CA25703L1004
Taking everything into account, DBM scores 7 out of 10 in our technical rating. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- DBM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DBM has a been trading in the 9.44 - 10.35 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, DBM outperforms 67% of them, which is more or less in line with the market.
- DBM is part of the Trading Companies & Distributors industry. There are 12 other stocks in this industry, DBM did better than 54% of them.
- Volume is considerably higher in the last couple of days.
Although DBM has an excellent technical rating, it does not offer a high quality setup 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
6.63
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.50 to 9.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.24 from a horizontal line in the daily time frame.
- Support @8.70 from a trend line in the daily time frame.
- A support zone ranging from 8.50 to 8.53. 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 10.32 to 10.32. 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 | NEUTRAL | NEUTRAL | The short term trend for DBM.CA is neutral. |
| ChartMill Relative Strength | 67.39 | 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) | 62.65 | NEUTRAL | The RSI value for DBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DBM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.3 | NEUTRAL | The Stochastics value for DBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for DBM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.58 | POSITIVE | The high ADX value value for DBM.CA suggests a strong trend. |
TSX:DBM (2/4/2026, 7:00:00 PM)
10.31
+0.26 (+2.59%)
DOMAN BUILDING MATERIALS GRO / DBM.CA FAQ
What is the technical rating for DBM stock?
ChartMill assigns a technical rating of 7 / 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 62.6474. 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 neutral.