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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Drilling Tools International Corporation (NASDAQ:DTI)

Countertrend Up (+85) - DTI 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 DTI?

MarketClub looks at technical strength and momentum to determine if the timing is right for DTI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DTI
Open High Low DTI Price Change
5.53 5.57 5.41 5.55 +0.06
Entry Signal

MarketClub’s Trade Triangles for DTI

long term up The long-term trend has been UP since Apr 1st, 2024 at 3.4000

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 3.1999

short term down The short-term trend has been DOWN since May 3rd, 2024 at 5.3650

Smart Scan Analysis for DTI

Based on our trend formula, DTI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DTI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.53 5.57 5.41 5.55 +0.06
Prev. Close Volume Bid Ask Time
5.49 88308 2024-05-08 13:06:09
52wk High10.5852wk High Date2023-05-25
52wk Low2.4352wk Low Date2024-02-05
Average Volume66,113Shares Outstanding29,769
Assets132,498,000MLiabilities43,808,000M
P/E Ratio9.3051
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