Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

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

Sidelines Mode (-55) - DM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
7.050 7.455 7.040 7.400 +0.380
Entry Signal

MarketClub’s Trade Triangles for DM

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 15.54

intermediate term down The intermediate-term trend has been DOWN since Aug 12th, 2021 at 8.55

short term up The short-term trend has been UP since Oct 19th, 2021 at 7.29

Smart Scan Analysis for DM

Based on our trend formula, DM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.050 7.455 7.040 7.400 +0.380
Prev. Close Volume Bid Ask Time
7.400 4501948 2021-10-25 15:59:59
52wk High34.9452wk High Date2021-02-08
52wk Low6.752wk Low Date2021-10-06
Average Volume4,092,365Shares Outstanding260,675
Assets101,670,300MLiabilities59,359,000M
P/E Ratio-21.1053
Get a free daily analysis and signals for Desktop Metal, Inc. Class A (DM) - Request Your Free Report.