DANA INC (DAN)

US2358252052 - Common Stock

14  +0.42 (+3.09%)

After market: 14 0 (0%)

Technical Rating and Analysis

7

Overall DAN gets a technical rating of 7 out of 10. In the last year, DAN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long and short term trends are both positive. This is looking good!
DAN is part of the Automobile Components industry. There are 43 other stocks in this industry. DAN outperforms 80% of them.
DAN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DAN has an average volume of 1423090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DAN outperforms 58% of them, which is more or less in line with the market.
DAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DAN is lagging the market.
Weekly and Daily overview Charts
DAN Weekly chart
DAN Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

11.16

18.84

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 13.57 to 13.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @12.28 from a trend line in the daily time frame.
  • Support @12.00 from a horizontal line in the weekly time frame.
  • A support zone ranging from 11.27 to 11.55. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 14.01 to 14.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • 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
CRS58.47
Mansfield-1.37
10 Day High14.22
10 Day Low13.45
20 Day High14.22
20 Day Low12.17
52 Week High19.75
52 Week Low11.1
Performance
1 Week-0.21%
2 Weeks4.24%
1 Month12.18%
3 Month10.85%
6 Month6.71%
12 Month5.11%
2 Year-15.46%
3 Year-48.4%
5 Year-4.04%
10 Year-36.77%
15 Year968.7%
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)63.32
LBB13.3
UBB14.28
DAN Daily chart

DANA INC

NYSE:DAN (5/24/2024, 7:21:57 PM)

After market: 14 0 (0%)

14

+0.42 (+3.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg3.09%
1 Week-0.21%
2 Weeks4.24%
1 Month12.18%
3 Month10.85%
6 Month6.71%
12 Month5.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%2.64%
ATR Inc
Range Today0.38
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 High14.22
10 Day Low13.45
20 Day High14.22
20 Day Low12.17
52 Week High19.75
52 Week Low11.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.31M
Volume Incr4.27%
Vol(5)1.37M
Vol(50)1.42M