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3DE-10 Stock Index - Worst Vs. Best-performing Stock (Technical Analysis)

Updated: Oct 18


Image source: Yahoo finance


The 3DE-10 INDEX, is a 3D printing stock index tracking the stock performance of 10 leading 3D printing companies listed on exchanges in the United States. It includes manufacturers of 3D printing systems and digital platforms that providers different types of services. This time we shall examine the worst and the best-performing stocks in the index in the past 12 months.


Fathom - FATH

Image source: Yahoo finance


Fathom went public at the end of 2021 with a starting price point of $10 a share, following with a volatile session that took it all the way down to to 5$ a share and then back to $10. From this point forward it just kept a negative momentum throughout the year.


If we zoom in to the last few months, we can see a clear negative trend:

Image source: Yahoo finance


The stock is trying to find a support level but just can't hold it. Every time it goes up, sellers unloading shares, taking it to another new low. The breaking down of the last support level at $3.40 a share took the price to where it is today, below $2 a share.

As of today, it seems the negative trend is not expected to change in the coming future.


Xometry - XMTR

Image source: Yahoo finance


Xometry went public about a year after Fathom, with a starting price point of $67 a share, and since then lost momentum, reaching a low point of $27 a share in May 2022. From this point it was traded sideways in the range of $35-$40 a share, until couple of months ago.

If we zoom in to examine the trend since August this year, we can mark the breaking up of the $40 a share resistance level as positive turning point for the stock:

Image source: Yahoo finance


If the stock will keep trading in the coming weeks above the range of $40-$45 a share, the positive momentum is expanded to continue.


> 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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