We assign a technical rating of 0 out of 10 to 3DES. 3DES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, 3DES is a bad performer in the overall market: 99% of all stocks are doing better.
3DES is currently making a new 52 week low. This is a very bad signal. 3DES is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month 3DES has a been trading in the 0.22 - 0.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: 3DES has an average volume of 23315 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.