DANA INC (DAN)

US2358252052 - Common Stock

12.48  +0.16 (+1.3%)

After market: 12.48 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to DAN. DAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DAN is a bad performer in the overall market: 80% of all stocks are doing better.
DAN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DAN is lagging the market.
DAN has an average volume of 1477680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DAN is an average performer in the Automobile Components industry, it outperforms 53% of 42 stocks in the same industry.
In the last month DAN has a been trading in the 11.63 - 12.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DAN Weekly chart
DAN Daily chart
Setup Rating and Analysis

8

DAN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.59. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

11.15

18.84

When analyzing the support we notice one important area.

  • A support zone ranging from 11.26 to 11.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

6 important resistance areas can be observed.

  • A resistance zone ranging from 12.59 to 12.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @12.96 from a horizontal line in the daily time frame.
  • Resistance @13.42 from a trend line in the daily time frame.
  • Resistance @13.84 from a horizontal line in the weekly time frame.
  • Resistance @15.04 from a horizontal line in the daily time frame.
  • Resistance @18.65 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.96
Mansfield-2.08
10 Day High12.52
10 Day Low11.64
20 Day High12.99
20 Day Low11.64
52 Week High19.75
52 Week Low11.1
Performance
1 Week5.14%
2 Weeks-3.63%
1 Month0.81%
3 Month-8.71%
6 Month-1.11%
12 Month-15.62%
2 Year-15.73%
3 Year-50.67%
5 Year-36%
10 Year-41.05%
15 Year1479.75%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.38
LBB11.64
UBB12.96
DAN Daily chart

DANA INC

NYSE:DAN (4/23/2024, 7:04:00 PM)

After market: 12.48 0 (0%)

12.48

+0.16 (+1.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.3%
1 Week5.14%
2 Weeks-3.63%
1 Month0.81%
3 Month-8.71%
6 Month-1.11%
12 Month-15.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%2.62%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.52
10 Day Low11.64
20 Day High12.99
20 Day Low11.64
52 Week High19.75
52 Week Low11.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume752.90K
Volume Incr-3.89%
Vol(5)1.37M
Vol(50)1.48M