Europe - Euronext Milan - BIT:DANR - IT0000076486
Overall DANR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DANR is showing a nice and steady performance.
Although DANR has an excellent technical rating, it does not offer a high quality setup 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.
31.68
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 DANR.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DANR.MI is up. |
| ChartMill Relative Strength | 95.46 | POSITIVE | DANR.MI has a high relative strength, it outperformed 95.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DANR.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DANR.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DANR.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.16 | OVERBOUGHT | The high RSI value suggests DANR.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests DANR.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests DANR.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for DANR.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 53.38 | POSITIVE | The high ADX value value for DANR.MI suggests a strong trend. |
Danieli & C Officine Meccaniche SpA
BIT:DANR (1/20/2026, 5:35:15 PM)
40.2
-0.54 (-1.33%)
ChartMill assigns a technical rating of 10 / 10 to DANR.MI.
The current trend direction for Danieli & C Officine Meccaniche SpA (DANR.MI) is Bullish.
Danieli & C Officine Meccaniche SpA (DANR.MI) has an RSI value of 77.1563. This indicates that the stock is currently overbought.
The MACD indicator for Danieli & C Officine Meccaniche SpA (DANR.MI) has a value of 0.256533, indicating a bearish trend.
Danieli & C Officine Meccaniche SpA (DANR.MI) has a support level at 36.33. Check the full technical report for our detailed analysis of DANR.MI support and resistance levels.