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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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, MKFG 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.
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MarketClub’s Trade Triangles for MKFG
The long-term trend has been DOWN since Oct 18th, 2023 at 1.090
The intermediate-term trend has been DOWN since Jul 19th, 2024 at 0.408
The short-term trend has been DOWN since Jul 18th, 2024 at 0.470
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3900 | 0.4095 | 0.3900 | 0.3940 | +0.0040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3900 | 253426 | 2024-07-26 15:59:46 |
| 52wk High | 2.298 | 52wk High Date | 2023-07-28 |
| 52wk Low | 0.385 | 52wk Low Date | 2024-07-24 |
| Average Volume | 332,961 | Shares Outstanding | 201,365 |
| Assets | 231,630,000M | Liabilities | 103,727,000M |
| P/E Ratio | 6.6842 |