Stock Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
DESERT MTN ENERGY CORP (NASDAQ:DMEHF)
Countertrend Up (+85) - DMEHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Apr 30th, 2020 at 0.207309
The intermediate-term trend has been UP since Aug 17th, 2020 at 0.574468
The short-term trend has been DOWN since Sep 21st, 2020 at 1.220000
Smart Scan Analysis for DMEHF
Based on our trend formula, DMEHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.48||52wk High Date||2020-09-15|
|52wk Low||0.09392||52wk Low Date||2020-03-20|
|Average Volume||92,473||Shares Outstanding||28,554|