Xometry, Inc. (XMTR)

Xometry, Inc. is trading at $86.52, down 3.58% on the session. The 50 day average sits at $90.91 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $91.79 with resistance near $96.35, so that band frames the current range. Average daily movement is roughly $4.90, or about 5.7% of the share price, which is what any stop placement has to allow for. The overall health score of 51 out of 100 combines a trend score of 36, momentum of 76 and a risk score of 40.

Xometry, Inc. operates an artificial intelligence (AI) powered online manufacturing marketplace in the United States and internationally. The company's marketplace uses AI to assist buyers to source custom-manufactured parts and assemblies and attain instant pricing and lead times. It operates Xometry marketplace, an AI powered online marketplace that connects buyers with suppliers of manufacturing services; Xometry instant quoting engine, which prices transactions based on volume, manufacturing process, material, and location; and Thomasnet, an industrial sourcing platform that features an online directory of industrial suppliers, products, and services, as well as digital marketing services and insights to manufacturers and industrial services providers. The company also provides cloud-based systems, such as Workcenter, a financial service product that facilitates payments and a cloud-based manufacturing execution system; and Teamspace, a cloud-based solution within the Xometry platform that enables customers to collaborate with other users on projects and custom part orders. In addition, it offers computer numerical control (“CNC”) machining, injection molding, 3D printing, sheet forming and cutting, die casting, urethane casting, tube cutting, and tube bending, as well as finishing, rapid prototyping, and production services. It serves the aerospace, industrial, medical devices, automotive, consumer goods, defense, government, energy, education, and robotics industries. The company was formerly known as NextLine Manufacturing Corp. and changed its name to Xometry, Inc. in June 2015. Xometry, Inc. was incorporated in 2013 and is headquartered in North Bethesda, Maryland.