A look at 3D Systems Corp. — Key Support Being Established
3D Systems Corp. ($DDD) averages are at $85.97 (21 day SMA), $83.49 (50 day SMA), $59.01 (200 day SMA). Over the past 52 weeks DDD has traded from a low of $27.88 to a high of $97.28. DDD was last at $63.92 on a volume of 35,054,600. Average daily volume has been at 5,007,639.
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3D Systems (DDD) lowered its earnings and revenue guidance this morning, warning of higher research and development spending earlier today. The stock gapped down to the 200-day moving average on heavier than average volume and immediately rebounded off that important moving average. Technical traders can watch today’s intraday low of $54.63 as a reference for establishing a long position, with a stop just below that level.
3D Systems Corporation manufactures & sells 3D content-to-print solutions & 3D printing systems. It offers products such as 3d systems software, scan-to-CAD & inspection software, RapMan & 3DTouch, Cube 3D Printer, production printers & 3Dproparts.
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