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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Markforged Holding Corporation (NYSE:MKFG)
Strong Downtrend (-100) - MKFG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MKFG continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MKFG?
MarketClub looks at technical strength and momentum to determine if the timing is right for MKFG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MKFG
The long-term trend has been DOWN since Oct 18th, 2023 at 1.09
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.71
The short-term trend has been DOWN since May 8th, 2024 at 0.59
Smart Scan Analysis for MKFG
Based on our trend formula, MKFG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6100 | 0.6200 | 0.5714 | 0.5798 | -0.0304 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6102 | 343534 | 2024-05-09 13:37:16 |
| 52wk High | 2.298 | 52wk High Date | 2023-07-28 |
| 52wk Low | 0.5 | 52wk Low Date | 2024-04-17 |
| Average Volume | 367,561 | Shares Outstanding | 199,351 |
| Assets | 247,952,000M | Liabilities | 86,342,000M |
| P/E Ratio | 6.6842 |