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Stock Trend Analysis Report
Prepared for you on Tuesday, May 14, 2024.
Desktop Metal, Inc. Class A (NYSE:DM)
Crossroads (-60) - DM 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 DM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DM.
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 DM
The long-term trend has been UP since Mar 27th, 2024 at 0.8635
The intermediate-term trend has been DOWN since Apr 26th, 2024 at 0.8033
The short-term trend has been DOWN since May 9th, 2024 at 0.7603
Smart Scan Analysis for DM
Based on our trend formula, DM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6500 | 0.6580 | 0.6210 | 0.6415 | +0.0311 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6104 | 345170 | 2024-05-14 10:01:39 |
| 52wk High | 2.3 | 52wk High Date | 2023-06-13 |
| 52wk Low | 0.4551 | 52wk Low Date | 2024-02-22 |
| Average Volume | 2,180,847 | Shares Outstanding | 330,396 |
| Assets | 412,030,000M | Liabilities | 214,692,000M |
| P/E Ratio | -8.91110000 |