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Desktop Metal (DM)
NYSE:DM

Desktop Metal (DM) Technical Analysis

1,658 Followers

Technical Sentiment

Overall Consensus
Sell
5Bullish
3Neutral
14Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Desktop Metal’s (DM) Moving Averages Convergence Divergence (MACD) indicator is -0.05, suggesting Desktop Metal is a Buy.
Desktop Metal’s (DM) 20-Day exponential moving average is 0.76, while Desktop Metal’s (DM) share price is $0.594, making it a Sell.
Desktop Metal’s (DM) 50-Day exponential moving average is 0.78, while Desktop Metal’s (DM) share price is $0.594, making it a Sell.

Desktop Metal (DM) Pivot Points

May 16, 2024, 11:02 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.54
0.58
0.62
0.66
0.70
0.74
0.78
Fibonacci
0.58
0.61
0.63
0.66
0.69
0.71
0.74
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Desktop Metal (DM) Moving Averages

May 16, 2024, 11:02 PM
Period
Simple
Exponential
MA5
0.65Sell
0.66Sell
MA10
0.74Sell
0.71Sell
MA20
0.78Sell
0.76Sell
MA50
0.80Sell
0.78Sell
MA100
0.72Sell
0.81Sell
MA200
0.96Sell
1.07Sell
Desktop Metal’s (DM) 10-Day exponential moving average is 0.71, while Desktop Metal’s (DM) share price is $0.594, making it a Sell.
Desktop Metal’s (DM) 100-Day exponential moving average is 0.81, while Desktop Metal’s (DM) share price is $0.594, making it a Sell.
Desktop Metal’s (DM) stock price is $0.594 and Desktop Metal’s (DM) 50-day simple moving average is 0.80, creating a Sell signal.
Desktop Metal’s (DM) stock price is $0.594 and Desktop Metal’s (DM) 100-day simple moving average is 0.72, creating a Sell signal.
Desktop Metal’s (DM) stock price is $0.594 and Desktop Metal’s (DM) 200-day simple moving average is 0.96, creating a Sell signal.

Desktop Metal (DM) Technical Indicators

May 16, 2024, 11:02 PM
Name
Value
Implied Action
RSI (14)
36.47
Neutral
STOCH (9,6)
10.31
Buy
STOCHRSI (14)
10.31
Buy
MACD (12,26)
-0.05
Buy
ADX (14)
23.10
Neutral
Williams %R
-93.13
Buy
CCI (14)
-161.64
Buy
ATR (14)
0.08
-
Ultimate Oscillator
34.62
Neutral
ROC
-24.39
Sell
Desktop Metal’s (DM) Relative Strength Index (RSI) is 36.47, creating a Neutral signal.
Desktop Metal’s (DM) Trend Strength Indicator (ADX) is 23.10, creating a Neutral signal.
Desktop Metal’s (DM) Commodity Channel Index (CCI) is -161.64, creating a Buy signal.
Desktop Metal’s (DM) Price Rate of Change (ROC) is -24.39, creating a Sell signal.

FAQ

Is DM a Buy, Hold, or Sell?
Based on DM’s technical indicators, DM is a Sell.
    What is DM’s RSI (14)?
    DM’s RSI (14) is 36.47, which suggests DM is a Neutral.
      What is DM’s MACD?
      DM’s MACD is -0.05, which suggests DM is a Buy.
        What is DM’s 5-day moving average?
        DM’s 5-day moving average is 0.65, which suggests DM is a Sell.
          What is DM’s 20-day moving average?
          DM 20-day moving average is 0.78, which suggests DM is a Sell.
            What is DM’s 50-day moving average?
            DM’s 50-day moving average is 0.80, which suggests DM is a Sell.
              What is DM’s 200-day moving average?
              DM’s 200-day moving average is 0.96, which suggests DM is a Sell.
                What is DM’s Williams % R (14)?
                DM’s Williams % R (14) is -93.13, which suggests DM is a Buy.
                  What is DM’s CCI (14)?
                  DM’s CCI (14) is -161.64, which suggests DM is a Buy.
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