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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

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

Strong Uptrend (+100) - DM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
5.08 5.18 5.02 5.06 -0.09
Entry Signal

MarketClub’s Trade Triangles for DM

long term up The long-term trend has been UP since Jun 11th, 2024 at 1.180000

intermediate term up The intermediate-term trend has been UP since Jun 11th, 2024 at 0.653501

short term up The short-term trend has been UP since Jul 17th, 2024 at 5.209300

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
5.08 5.18 5.02 5.06 -0.09
Prev. Close Volume Bid Ask Time
5.15 219245 2024-07-24 14:13:32
52wk High19.952wk High Date2023-08-30
52wk Low3.6252wk Low Date2024-06-18
Average Volume1,190,411Shares Outstanding330,396
Assets412,030,000MLiabilities214,692,000M
P/E Ratio-0.45050000
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