DM Stock Desktop Metal (DM, $4.97) was a top loser this quarter, falling -33.13%. Expect a Downtrend continuation

A.I.dvisor
at Tickeron.com
06/19/24
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DM - Desktop Metal
3-month drop
Bearish Trend
Odds of DOWN Trend

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Price: $4.97
Daily change: +$1.31 (+35.79%)
Daily volume: 3.9M
3-month price change: -$2.46 (-33.13%)
Capitalization: $164.2M
Industry: Computer Peripherals
Desktop Metal (DM, $4.97) was a top loser over the last three months, falling -3 to $4.97 per share. A.I.dvisor analyzed 53 stocks in the Computer Peripherals Industry for the 3-month period ending June 18, 2024, and found that of them (5) exhibited an Uptrend while of them (4) demonstrated a Downtrend. 452 similar cases when DM's price dropped within three months. In out of those 452 cases, DM's price went down during the following month. Based on these historical data, the odds of a Downtrend continuation for DM are
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General Information

Industry ComputerPeripherals

Profile
Fundamentals
Details
Industry
Oil And Gas Pipelines
Address
63 3rd Avenue
Phone
+1 978 224-1244
Employees
950
Web
https://www.desktopmetal.com