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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Desert Mountian Energy Corp (CDNX:DME)

Long-Term Downtrend (-90) - DME is in a strong downtrend that is likely to continue. While DME 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 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
1.79 1.79 1.60 1.70 -0.06
Entry Signal

MarketClub’s Trade Triangles for DME

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 2.31

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2022 at 2.77

short term down The short-term trend has been DOWN since Mar 2nd, 2023 at 2.38

Smart Scan Analysis for DME

Based on our trend formula, DME is rated as a -90 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
1.79 1.79 1.60 1.70 -0.06
Prev. Close Volume Bid Ask Time
1.70 400596 2023-03-22 15:59:30
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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