DANA INC (DAN) Technical Analysis
NYSE:DAN • US2358252052
Current stock price
32.68 USD
+1.27 (+4.04%)
At close:
32.68 USD
0 (0%)
After Hours:
DAN Technical Rating and Analysis
Overall DAN gets a technical rating of 9 out of 10. In the last year, DAN was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month DAN has a been trading in the 30.59 - 36.28 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, DAN did better than 96% of all other 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 41 other stocks in this industry. DAN outperforms 97% of them.
- DAN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DAN is performing more or less in line with the market.
- DAN has an average volume of 1680150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DAN Weekly and Daily overview Charts
DAN Setup Rating and Analysis
DAN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 32.02, a Stop Loss order could be placed below this zone.
More info and screens
DAN Support and Resistance Analysis
23.60
33.01
3 important support areas can be observed.
- A support zone ranging from 31.37 to 32.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.91 from a trend line in the weekly time frame.
- Support @23.84 from a trend line in the daily time frame.
DAN Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for DAN is neutral. |
| ChartMill Relative Strength | 96.69 | POSITIVE | DAN has a high relative strength, it outperformed 96.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAN is below a declining 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) | 52.29 | NEUTRAL | The RSI value for DAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests DAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.07 | NEUTRAL | The Stochastics value for DAN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for DAN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.1 | NEUTRAL | The ADX value for DAN suggests a possible start of a new trend. |
DAN Chart- and CandleStick Pattern Analysis
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)
DAN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.41 | 31.36 | 2.05 (6.14%) | 16.30% |
| An entry @33.41. This is a Buy Stop order right above the 10 day high. | An exit @31.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.05 points, which is 6.14%. | For a 1.00% total portfolio risk, you can invest 16.30% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DAN Technicals: Chart, Performance Metrics, Trend & Indicators
32.68
+1.27 (+4.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg4.04%
1 Week2.67%
2 Weeks-0.43%
1 Month-6.2%
3 Month36.79%
6 Month63.07%
12 Month148.33%
2 Year157.32%
3 Year117.14%
5 Year34.32%
10 Year131.94%
15 Year87.92%
Volatility
ATR(14)1.28
ATR(20)%4.1%
ATR Inc10.72%
Range Today1.96
ADR(20)1.25
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.69
3 months CRS95.83
6 months CRS96.51
Mansfield5.15
10 Day High33.4
10 Day Low30.84
20 Day High36.28
20 Day Low30.59
52 Week High36.28
52 Week Low10.11
CS1 End32.02
CR1 StartN/A
Volume & EV
DER(3)0.93%
DER(5)0.05%
Volume1.27M
Volume Incr26.73%
Vol(5)1.99M
Vol(50)1.68M
DANA INC / DAN TA FAQ
What is the ChartMill technical rating of DANA INC (DAN) stock?
ChartMill assigns a technical rating of 9 / 10 to DAN.
Can you provide the trend direction for DANA INC?
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 52.2937. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DANA INC?
The short term momentum for DANA INC (DAN) is neutral.