Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Digimarc Corporation (NASDAQ:DMRC)

Long-Term Downtrend (-90) - DMRC is in a strong downtrend that is likely to continue. While DMRC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DMRC?

MarketClub looks at technical strength and momentum to determine if the timing is right for DMRC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DMRC
Open High Low DMRC Price Change
27.07 27.27 26.67 27.11 +0.09
Entry Signal

MarketClub’s Trade Triangles for DMRC

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 32.22

intermediate term down The intermediate-term trend has been DOWN since Feb 29th, 2024 at 35.16

short term down The short-term trend has been DOWN since Mar 22nd, 2024 at 26.95

Smart Scan Analysis for DMRC

Based on our trend formula, DMRC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DMRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.07 27.27 26.67 27.11 +0.09
Prev. Close Volume Bid Ask Time
27.02 111122 2024-03-28 15:59:58
Year High39.95Year High Date2018-01-12
Year Low18.4Year Low Date2018-11-26
52wk High43.4352wk High Date2024-02-12
52wk Low16.130552wk Low Date2023-04-25
Year End Close20.7Average Volume181,277
Shares Outstanding20,444Short Interest122,461
% Institutional27.3Market Cap510M
Assets80,552,000MLiabilities18,625,000M
Beta1.01Volatility68.4
Get a free daily analysis and signals for Digimarc Corporation (DMRC) - Request Your Free Report.