RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DMRC
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Digimarc Corporation stock price ended at $27.18 on Thursday, after gaining 0.592%.
(Updated on Mar 28, 2024)

Sell candidate since Feb 29, 2024 Loss -22.48% PDF

The Digimarc Corporation stock price gained 0.592% on the last trading day (Thursday, 28th Mar 2024), rising from $27.02 to $27.18. During the last trading day the stock fluctuated 2.25% from a day low at $26.67 to a day high of $27.27. The price has risen in 6 of the last 10 days but is still down by -1.5% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 149 thousand more shares were traded than the day before. In total, 265 thousand shares were bought and sold for approximately $7.21 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $26.42 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -19.15% during the next 3 months and, with a 90% probability hold a price between $21.36 and $31.05 at the end of this 3-month period.

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DMRC Signals & Forecast

There are mixed signals in the stock today. The Digimarc Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $27.39 and $33.29. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 1.15%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Tuesday, February 27, 2024 with a target of $36.96. Despite whether the objective of the signal formation has been reached the stock may continue to fall.

Support, Risk & Stop-loss for Digimarc Corporation stock

Digimarc Corporation finds support from accumulated volume at $27.16 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.600 between high and low, or 2.25%. For the last week, the stock has had daily average volatility of 4.53%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DMRC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Digimarc Corporation to open at $27.04, and during the day (based on 14 day Average True Range), to move between $25.48 and $28.88, which gives a possible trading interval of +/-$1.70 (+/-6.26%) up or down from last closing price. If Digimarc Corporation takes out the full calculated possible swing range there will be an estimated 12.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $27.16 (0.07%) than the resistance at $27.51 (1.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Digimarc Corporation stock A Buy?

Digimarc Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.613 Sell Candidate Unchanged

Predicted Opening Price for Digimarc Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$27.04 ( 0.515%) $27.18

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DMRC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 27.64 1.69 %
R2 27.41 0.85 %
R1 27.27 0.328 %
Current price: 27.18
Support S1 26.81 -1.36 %
S2 26.67 -1.88 %
S3 26.44 -2.72 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 28.57 5.11 %
R2 27.60 1.53 %
R1 27.51 1.21 %
Current price 27.18
Support S1 27.16 -0.0736%
S2 27.02 -0.589%
S3 26.90 -1.03%

DMRC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 23, 2014 May 01, 2014 May 12, 2014 $0.110 0.330%
2 Feb 20, 2014 Feb 27, 2014 Mar 10, 2014 $0.110 0.361%
3 Oct 24, 2013 Oct 31, 2013 Nov 12, 2013 $0.110 0.595%
4 Jul 25, 2013 Aug 01, 2013 Aug 12, 2013 $0.110 0.529%
5 Apr 30, 2013 May 09, 2013 May 20, 2013 $0.110 0.435%

FAQ

What is the symbol for Digimarc Corporation Stock and on which exchange is it traded?
The symbol for Digimarc Corporation is DMRC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Digimarc Corporation Stock?
Digimarc Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Digimarc Corporation Stock?
Digimarc Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Digimarc Corporation Stock.

What's the current price of Digimarc Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Digimarc Corporation (DMRC) share was $27.18.

What is the 52-week high and low for Digimarc Corporation Stock?
The 52-week high for Digimarc Corporation Stock is $43.43 and the 52-week low is $16.24.

What is the market capitalization of Digimarc Corporation Stock?
As of the 2024-03-28, the market capitalization of Digimarc Corporation is 555.657M.

When is the next earnings date for Digimarc Corporation?
The upcoming earnings date for Digimarc Corporation is May 08, 2024.
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About Digimarc Corporation

Digimarc Digimarc Corporation provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc watermarks, a data carrier that provides a digital identity to media objects; Digimarc Discover, a software for computing devices and network interfaces that recognize and decode indicia of the identity of media; and Digimarc Verify, a suite of software tools used to inspect ... DMRC Profile

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