Canada - TSX:DBO - CA23305P1080 - Common Stock
We assign a technical rating of 10 out of 10 to DBO. Both in the recent history as in the last year, DBO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, DBO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.42, a Stop Loss order could be placed below this zone.
0.31
We found 3 important support areas.
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 DBO.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBO.CA is up. |
ChartMill Relative Strength | 96.87 | POSITIVE | DBO.CA has a high relative strength, it outperformed 96.87% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of DBO.CA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBO.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBO.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 55.45 | NEUTRAL | The RSI value for DBO.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DBO.CA has a negative trend. |
Stochastics (14,3) | 54.58 | NEUTRAL | The Stochastics value for DBO.CA is a neutral value. |
Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for DBO.CA suggests high volalility. |
Average Directional Index/ADX (14) | 30.51 | POSITIVE | The high ADX value value for DBO.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 |
---|---|---|---|
0.45 | 0.41 | 0.04 (9.04%) | 11.06% |
An entry @0.45. This is a Buy Stop order right above the 10 day moving average. | An exit @0.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.04 points, which is 9.04%. | When investing 11.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX:DBO (9/22/2025, 7:00:00 PM)
0.43
-0.01 (-2.27%)