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Stock Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

Desktop Metal, Inc. Class A (NYSE:DM)

Strong Downtrend (-100) - DM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DM continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DM?

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

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

NYSE_DM
Open High Low DM Price Change
0.8000 0.8180 0.7390 0.7419 -0.0581
Entry Signal

MarketClub’s Trade Triangles for DM

long term down The long-term trend has been DOWN since Aug 15th, 2023 at 1.5400

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 1.4800

short term down The short-term trend has been DOWN since Dec 8th, 2023 at 0.7632

Smart Scan Analysis for DM

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

-100
Smart Scan Analysis for DM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8000 0.8180 0.7390 0.7419 -0.0581
Prev. Close Volume Bid Ask Time
0.7429 3099187 2023-12-08 15:59:13
52wk High2.5552wk High Date2023-03-07
52wk Low0.6152wk Low Date2023-11-30
Average Volume3,328,059Shares Outstanding324,736
Assets714,186,000MLiabilities228,616,000M
P/E Ratio-8.91110000
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