BIT:DAN - Euronext Milan - IT0000076502 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to DAN. Although DAN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although DAN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
29.14
When analyzing the support we can see 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DAN.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAN.MI is up. |
ChartMill Relative Strength | 78.48 | POSITIVE | DAN.MI has a high relative strength, it outperformed 78.48% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAN.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAN.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAN.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 75.04 | OVERBOUGHT | The high RSI value suggests DAN.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests DAN.MI has a positive trend. |
Stochastics (14,3) | 92.29 | OVERBOUGHT | The high Stochastics value suggests DAN.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for DAN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 34.18 | POSITIVE | The high ADX value value for DAN.MI suggests a strong trend. |
BIT:DAN (8/8/2025, 7:00:00 PM)
39.7
+0.7 (+1.79%)