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Desktop Metal (DM)
NYSE:DM

Desktop Metal (DM) Technical Analysis

1,685 Followers

Technical Sentiment

Overall Consensus
Strong Sell
1Bullish
6Neutral
15Bearish
Technical Analysis Consensus
Sell
1Bullish
6Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Desktop Metal’s (DM) Moving Averages Convergence Divergence (MACD) indicator is -0.55, suggesting Desktop Metal is a Sell.
Desktop Metal’s (DM) 20-Day exponential moving average is 4.61, while Desktop Metal’s (DM) share price is $4.32, making it a Sell.
Desktop Metal’s (DM) 50-Day exponential moving average is 5.63, while Desktop Metal’s (DM) share price is $4.32, making it a Sell.

Desktop Metal (DM) Pivot Points

Jul 03, 2024, 07:37 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.80
3.97
4.05
4.21
4.29
4.46
4.54
Fibonacci
3.97
4.06
4.12
4.21
4.31
4.36
4.46
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

Jul 03, 2024, 07:37 AM
Period
Simple
Exponential
MA5
4.16Sell
4.15Sell
MA10
4.20Sell
4.24Sell
MA20
4.55Sell
4.61Sell
MA50
6.08Sell
5.63Sell
MA100
6.65Sell
6.63Sell
MA200
7.87Sell
8.74Sell
Desktop Metal’s (DM) 10-Day exponential moving average is 4.24, while Desktop Metal’s (DM) share price is $4.32, making it a Sell.
Desktop Metal’s (DM) 100-Day exponential moving average is 6.63, while Desktop Metal’s (DM) share price is $4.32, making it a Sell.
Desktop Metal’s (DM) stock price is $4.32 and Desktop Metal’s (DM) 50-day simple moving average is 6.08, creating a Sell signal.
Desktop Metal’s (DM) stock price is $4.32 and Desktop Metal’s (DM) 100-day simple moving average is 6.65, creating a Sell signal.
Desktop Metal’s (DM) stock price is $4.32 and Desktop Metal’s (DM) 200-day simple moving average is 7.87, creating a Sell signal.

Desktop Metal (DM) Technical Indicators

Jul 03, 2024, 07:37 AM
Name
Value
Implied Action
RSI (14)
38.27
Neutral
STOCH (9,6)
22.83
Neutral
STOCHRSI (14)
22.83
Neutral
MACD (12,26)
-0.55
Sell
ADX (14)
22.78
Neutral
Williams %R
-81.09
Buy
CCI (14)
-71.96
Neutral
ATR (14)
0.54
-
Ultimate Oscillator
45.78
Neutral
ROC
-17.11
Sell
Desktop Metal’s (DM) Relative Strength Index (RSI) is 38.27, creating a Neutral signal.
Desktop Metal’s (DM) Trend Strength Indicator (ADX) is 22.78, creating a Neutral signal.
Desktop Metal’s (DM) Commodity Channel Index (CCI) is -71.96, creating a Neutral signal.
Desktop Metal’s (DM) Price Rate of Change (ROC) is -17.11, creating a Sell signal.

FAQ

Is DM a Buy, Hold, or Sell?
Based on DM’s technical indicators, DM is a Strong Sell.
    What is DM’s RSI (14)?
    DM’s RSI (14) is 38.27, which suggests DM is a Neutral.
      What is DM’s MACD?
      DM’s MACD is -0.55, which suggests DM is a Sell.
        What is DM’s 5-day moving average?
        DM’s 5-day moving average is 4.16, which suggests DM is a Sell.
          What is DM’s 20-day moving average?
          DM 20-day moving average is 4.55, which suggests DM is a Sell.
            What is DM’s 50-day moving average?
            DM’s 50-day moving average is 6.08, which suggests DM is a Sell.
              What is DM’s 200-day moving average?
              DM’s 200-day moving average is 7.87, which suggests DM is a Sell.
                What is DM’s Williams % R (14)?
                DM’s Williams % R (14) is -81.09, which suggests DM is a Buy.
                  What is DM’s CCI (14)?
                  DM’s CCI (14) is -71.96, which suggests DM is a Neutral.
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