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Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Digimarc Corporation (NASDAQ:DMRC)
Countertrend Down (-85) - DMRC 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.
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MarketClub looks at technical strength and momentum to determine if the timing is right for DMRC.
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MarketClub’s Trade Triangles for DMRC
The long-term trend has been DOWN since Mar 2nd, 2023 at 17.43
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 19.75
The short-term trend has been UP since Mar 22nd, 2023 at 18.35
Smart Scan Analysis for DMRC
Based on our trend formula, DMRC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.3100 | 19.8752 | 19.1000 | 19.3100 | +0.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.2300 | 16025 | 2023-03-30 13:18:01 |
| Year High | 39.95 | Year High Date | 2018-01-12 |
| Year Low | 18.4 | Year Low Date | 2018-11-26 |
| 52wk High | 28.79 | 52wk High Date | 2022-04-12 |
| 52wk Low | 12.45 | 52wk Low Date | 2022-10-13 |
| Year End Close | 20.7 | Average Volume | 77,071 |
| Shares Outstanding | 20,270 | Short Interest | 122,461 |
| % Institutional | 27.3 | Market Cap | 510M |
| Assets | 113,777,000M | Liabilities | 16,187,000M |
| Beta | 1.01 | Volatility | 68.4 |