Canada - TSX:DBO - CA23305P1080 - Common Stock
Overall DBO gets a technical rating of 9 out of 10. In the last year, DBO was one of the better performers, but we do observe some doubts in the very recent evolution.
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 a support zone below the current price at 0.39, a Stop Loss order could be placed below this zone.
0.33
We found 3 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for DBO.CA is neutral. |
ChartMill Relative Strength | 95.76 | POSITIVE | DBO.CA has a high relative strength, it outperformed 95.76% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBO.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of DBO.CA is below 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) | 42.67 | NEUTRAL | The RSI value for DBO.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DBO.CA has a negative trend. |
Stochastics (14,3) | 18.89 | OVERSOLD | The low Stochastics value suggests DBO.CA may be oversold. |
Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for DBO.CA suggests high volalility. |
Average Directional Index/ADX (14) | 18.25 | NEGATIVE | The low ADX value for DBO.CA suggests a weak or negative 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 |
---|---|---|---|
0.44 | 0.39 | 0.05 (11.65%) | 8.59% |
An entry @0.44. This is a Buy Stop order right above the 10 day moving average. | An exit @0.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 11.65%. | When investing 8.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX:DBO (10/17/2025, 7:00:00 PM)
0.4025
+0 (+0.63%)