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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Desktop Metal, Inc. Class A (NYSE:DM)

Strong Uptrend (+100) - DM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

NYSE_DM
Open High Low DM Price Change
0.8100 0.8900 0.7900 0.8650 +0.0866
Entry Signal

MarketClub’s Trade Triangles for DM

long term up The long-term trend has been UP since Mar 27th, 2024 at 0.8635

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 0.6730

short term up The short-term trend has been UP since Mar 6th, 2024 at 0.6300

Smart Scan Analysis for DM

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

+100
Smart Scan Analysis for DM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8100 0.8900 0.7900 0.8650 +0.0866
Prev. Close Volume Bid Ask Time
0.8700 3233077 2024-03-27 15:58:10
52wk High2.4152wk High Date2023-03-30
52wk Low0.455152wk Low Date2024-02-22
Average Volume4,132,965Shares Outstanding329,637
Assets458,001,000MLiabilities216,349,000M
P/E Ratio-8.91110000
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