Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Markforged Holding Corporation (NYSE:MKFG)
Strong Downtrend (-100) - MKFG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MKFG?
MarketClub looks at technical strength and momentum to determine if the timing is right for MKFG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MKFG
The long-term trend has been DOWN since Aug 20th, 2021 at 7.925
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 9.160
The short-term trend has been DOWN since Oct 21st, 2021 at 6.660
Smart Scan Analysis for MKFG
Based on our trend formula, MKFG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.1||52wk High Date||2021-02-25|
|52wk Low||5.9||52wk Low Date||2021-10-06|
|Average Volume||486,429||Shares Outstanding||185,252|