Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
DESERT MTN ENERGY CORP (NASDAQ:DMEHF)
Weak Downtrend (-65) - DMEHF is showing signs of a strengthening downtrend. Monitor DMEHF as it may be building momentum to the downside.
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 Mar 2nd, 2023 at 1.7300
The intermediate-term trend has been DOWN since Oct 31st, 2023 at 0.2359
The short-term trend has been DOWN since Nov 22nd, 2023 at 0.2675
Smart Scan Analysis for DMEHF
Based on our trend formula, DMEHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.48||52wk High Date||2022-12-01|
|52wk Low||0.2151||52wk Low Date||2023-11-01|
|Average Volume||57,603||Shares Outstanding||28,554|