Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Desert Mountian Energy Corp (CDNX:DME)
Countertrend Down (-85) - DME is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DME
The long-term trend has been DOWN since Mar 3rd, 2023 at 2.31
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 0.24
The short-term trend has been UP since Apr 24th, 2024 at 0.25
Smart Scan Analysis for DME
Based on our trend formula, DME is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.245 | 0.255 | 0.235 | 0.235 | -0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.235 | 46773 | 2024-04-24 15:13:28 |
| Year High | 0.265 | Year High Date | 2018-11-06 |
| Year Low | 0.08 | Year Low Date | 2018-01-02 |
| 52wk High | 0.265 | 52wk High Date | 2018-11-06 |
| 52wk Low | 0.06 | 52wk Low Date | 2017-12-21 |
| Average Volume | 58,125 | Volatility | 97.97 |