Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
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 Mar 2nd, 2023 at 1.73
The intermediate-term trend has been DOWN since Jan 25th, 2023 at 2.07
The short-term trend has been DOWN since Mar 29th, 2023 at 1.27
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2900 | 1.3065 | 1.2400 | 1.3065 | +0.0065 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3000 | 94699 | 2023-03-29 15:55:00 |
| 52wk High | 3.54 | 52wk High Date | 2022-04-08 |
| 52wk Low | 1.17978 | 52wk Low Date | 2023-03-22 |
| Average Volume | 76,097 | Shares Outstanding | 28,554 |
| Assets | 34,460,590M | Liabilities | 290,717M |