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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Markforged Holding Corporation (NYSE:MKFG)

Crossroads (+60) - MKFG 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 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.

NYSE_MKFG
Open High Low MKFG Price Change
0.7874 0.8500 0.7874 0.8219 +0.0110
Entry Signal

MarketClub’s Trade Triangles for MKFG

long term down The long-term trend has been DOWN since Oct 18th, 2023 at 1.090

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 0.720

short term up The short-term trend has been UP since Mar 26th, 2024 at 0.816

Smart Scan Analysis for MKFG

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

+60
Smart Scan Analysis for MKFG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7874 0.8500 0.7874 0.8219 +0.0110
Prev. Close Volume Bid Ask Time
0.8109 282296 2024-03-28 15:59:53
52wk High2.29852wk High Date2023-07-28
52wk Low0.6152wk Low Date2024-02-23
Average Volume303,905Shares Outstanding199,351
Assets247,952,000MLiabilities86,342,000M
P/E Ratio6.6842
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