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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.
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MarketClub’s Trade Triangles for DM
The long-term trend has been UP since Mar 3rd, 2023 at 2.3185
The intermediate-term trend has been UP since Mar 3rd, 2023 at 2.1400
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).
| 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 High | 5.28 | 52wk High Date | 2022-04-05 |
| 52wk Low | 1.13 | 52wk Low Date | 2022-12-28 |
| Average Volume | 6,410,920 | Shares Outstanding | 318,814 |
| Assets | 754,347,000M | Liabilities | 226,845,000M |
| P/E Ratio | -8.91110000 |