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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

Danimer Scientific, Inc. (NYSE:DNMR)

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

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
1.79 2.09 1.78 2.08 +0.32
Entry Signal

MarketClub’s Trade Triangles for DNMR

long term down The long-term trend has been DOWN since Jul 6th, 2023 at 2.2350

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2023 at 2.0798

short term up The short-term trend has been UP since Sep 29th, 2023 at 1.8900

Smart Scan Analysis for DNMR

Based on our trend formula, DNMR is rated as a +70 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
1.79 2.09 1.78 2.08 +0.32
Prev. Close Volume Bid Ask Time
2.07 1783690 2023-09-29 15:59:53
52wk High4.5952wk High Date2023-04-04
52wk Low1.5752wk Low Date2022-12-27
Average Volume632,742Shares Outstanding107,035
P/E Ratio60.7778
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