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Stock Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Desert Mountian Energy Corp (CDNX:DME)

Sidelines Mode (+55) - DME is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

Open High Low DME Price Change
3.74 3.75 3.57 3.58 -0.14
Entry Signal

MarketClub’s Trade Triangles for DME

long term up The long-term trend has been UP since Mar 5th, 2021 at 1.92

intermediate term up The intermediate-term trend has been UP since Mar 3rd, 2021 at 1.74

short term down The short-term trend has been DOWN since May 3rd, 2021 at 3.69

Smart Scan Analysis for DME

Based on our trend formula, DME is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for DME
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.74 3.75 3.57 3.58 -0.14
Prev. Close Volume Bid Ask Time
3.72 27258 2021-05-06 15:04:10
Year High0.265Year High Date2018-11-06
Year Low0.08Year Low Date2018-01-02
52wk High0.26552wk High Date2018-11-06
52wk Low0.0652wk Low Date2017-12-21
Average Volume58,125Volatility97.97
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