Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Desktop Metal, Inc. Class A (NYSE:DM)
Countertrend Down (-85) - DM 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.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DM
The long-term trend has been DOWN since Nov 13th, 2024 at 4.050
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 4.850
The short-term trend has been UP since Nov 14th, 2024 at 4.546
Smart Scan Analysis for DM
Based on our trend formula, DM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.110 | 4.385 | 4.110 | 4.355 | +0.225 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.340 | 240422 | 2024-11-20 15:59:21 |
| 52wk High | 11.8 | 52wk High Date | 2024-04-09 |
| 52wk Low | 3.62 | 52wk Low Date | 2024-06-18 |
| Average Volume | 301,986 | Shares Outstanding | 33,341 |
| Assets | 273,693,000M | Liabilities | 201,345,000M |
| P/E Ratio | -0.45050000 |