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Stock Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

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

Bull Market Weakness (+75) - DM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DM as it may be in the beginning stages of a reversal.

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
2.100 2.210 2.065 2.105 -0.025
Entry Signal

MarketClub’s Trade Triangles for DM

long term up The long-term trend has been UP since Mar 3rd, 2023 at 2.3185

intermediate term up The intermediate-term trend has been UP since Mar 3rd, 2023 at 2.1400

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 1.9800

Smart Scan Analysis for DM

Based on our trend formula, DM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.100 2.210 2.065 2.105 -0.025
Prev. Close Volume Bid Ask Time
2.130 1961434 2023-03-24 15:13:45
52wk High5.2852wk High Date2022-04-05
52wk Low1.1352wk Low Date2022-12-28
Average Volume6,410,920Shares Outstanding318,814
Assets754,347,000MLiabilities226,845,000M
P/E Ratio-8.91110000
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