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Technical Analysis - Which 3D Printing Stock Looks Attractive?

Updated: Mar 3


Image source: Yahoo finance


This time we shall examine the charts of four 3D printing stocks and try to estimate which one seems to be trading in a positive trend, and which one on the negative side:


DM - Desktop Metal

Image source: Yahoo finance


Since the big 3D printing hype back in early 2021, the stock has dropped and found a strong support level at 10$ a share. That level seems attractive for buyers until mid last year.


In July 2021 the stock has dropped from 10$ a share and until the end of 2021 tried to break this level up, with no success. Meaning, sellers were dropping stocks at 10$ a share. Since then it couldn't break up the 10$ resistant level and kept drooping all the way below 5$ a share. Therefor, as of today, the stock is trading in a negative trend.


NNDM - Nano Dimension

Image source: Yahoo finance


Similar to DM, since the hype in early 2021, the stock dropped and found a strong support level around 5$ a share. During November 2021, the stock broke that level down and kept dropping to 3.5$ a share.


Since then this level is supporting the stock in the short term, but still - the trend is negative.


DDD - 3D Systems

Image source: Yahoo finance


3D Systems looks different. It also dropped after the 3D printing hype, but managed to bounce back all the way to 40$ a share July last year. Since then we can see it found a strong support level around 17$ a share. Buyers are waiting patiently at this level, and buying more stocks.


Therefor, the trend is not positive yet, however, 17$ a share seems attractive as an entry point for investors. If the stock will break that point down, that will be a clear negative sign.


SSYS - Stratasys

Image source: Yahoo finance


Similar to 3D Systems, Stratasys stock also found a good support level around 20$ a share. Furthermore, every time it reaches this point, buyers appears quite fast. Therefor, 20$ a share seems attractive as an entry point for investors. If the stock will break that point down, that will be a clear negative sign.


Bottom line - DM & NNDM are trading in a negative trend, while DDD & SSYS seems to offer a more attractive entry points for investors.


> Any opinions, analyses, prices, or other information contained in this overview are provided as general market information for educational and entertainment purposes only, and do not constitute any investment advice <

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