Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
DESERT MTN ENERGY CORP (NASDAQ:DMEHF)
Long-Term Downtrend (-90) - DMEHF is in a strong downtrend that is likely to continue. While DMEHF 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 DMEHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for DMEHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DMEHF
The long-term trend has been DOWN since Sep 14th, 2021 at 2.9463
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 3.4200
The short-term trend has been DOWN since Oct 11th, 2021 at 2.1200
Smart Scan Analysis for DMEHF
Based on our trend formula, DMEHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.99||52wk High Date||2021-08-17|
|52wk Low||1.13||52wk Low Date||2020-12-31|
|Average Volume||60,878||Shares Outstanding||28,554|