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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Danimer Scientific, Inc. (NYSE:DNMR)

Crossroads (-60) - DNMR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DNMR?

MarketClub looks at technical strength and momentum to determine if the timing is right for DNMR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low DNMR Price Change
0.7900 0.8078 0.7540 0.7677 -0.0253
Entry Signal

MarketClub’s Trade Triangles for DNMR

long term up The long-term trend has been UP since Mar 1st, 2024 at 1.34

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 1.07

short term down The short-term trend has been DOWN since Mar 25th, 2024 at 1.12

Smart Scan Analysis for DNMR

Based on our trend formula, DNMR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for DNMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7900 0.8078 0.7540 0.7677 -0.0253
Prev. Close Volume Bid Ask Time
0.7930 461996 2024-04-19 15:59:00
52wk High3.9752wk High Date2023-04-21
52wk Low0.652wk Low Date2024-02-06
Average Volume925,264Shares Outstanding107,035
P/E Ratio60.7778
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