DANA INC (DAN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DAN - US2358252052 - Common Stock
22.41 USD
-0.07 (-0.31%)
22.41 USD
0 (0%)
Taking everything into account, DAN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DAN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DAN is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by DAN over the past year are nicely spread over this period.
DAN is part of the Automobile Components industry. There are 82 other stocks in this industry. DAN outperforms 96% of them.
DAN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DAN has a been trading in the 18.95 - 22.91 range, which is quite wide. It is currently trading near the high of this range.
DAN has an average volume of 1957070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DAN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.77
22.63
5 important support areas can be observed.
- A support zone ranging from 20.81 to 21.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.11 to 20.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.47 to 19.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.74 from a horizontal line in the daily time frame.
- Support @14.92 from a trend line in the weekly time frame.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAN is up. |
| ChartMill Relative Strength | 95.07 | POSITIVE | DAN has a high relative strength, it outperformed 95.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.91 | NEUTRAL | The RSI value for DAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests DAN has a positive trend. |
| Stochastics (14,3) | 90.35 | OVERBOUGHT | The high Stochastics value suggests DAN may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for DAN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for DAN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
22.41
-0.07 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.31%
1 Week15.1%
2 Weeks6.26%
1 Month7.22%
3 Month11.16%
6 Month34.76%
12 Month124.1%
2 Year69.64%
3 Year27.26%
5 Year33.08%
10 Year36.31%
15 Year48.31%
Volatility
ATR(14)0.81
ATR(20)%3.6%
ATR Inc-26.32%
Range Today0.47
ADR(20)0.8
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.07
3 months CRS82.87
6 months CRS85.43
Mansfield2.32
10 Day High22.91
10 Day Low18.95
20 Day High22.91
20 Day Low18.95
52 Week High22.91
52 Week Low10.11
CS1 End21.13
CR1 StartN/A
Volume & EV
DER(3)-5.73%
DER(5)-2.89%
Volume827.10K
Volume Incr-14.43%
Vol(5)1.79M
Vol(50)1.96M
DANA INC / DAN FAQ
What is the ChartMill technical rating of DANA INC (DAN) stock?
ChartMill assigns a technical rating of 10 / 10 to DAN.
What is the current trend direction of DANA INC (DAN) stock?
The current trend direction for DANA INC (DAN) is Bullish.
What is the RSI signal for DAN stock?
DANA INC (DAN) has an RSI value of 63.911. This indicates that the stock is currently neutral.
What is the short term momentum for DANA INC (DAN) stock?
The short term momentum for DANA INC (DAN) is positive.
What is the buy/sell signal for DANA INC (DAN) stock?
The buy/sell signal for DANA INC (DAN) is buy as both the short term and long term trends are positive.