Danieli & C Officine Meccaniche SpA (DANR.MI) Stock Technical Analysis
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.
- 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 DANR is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by DANR over the past year are nicely spread over this period.
- DANR is part of the Machinery industry. There are 109 other stocks in this industry. DANR outperforms 90% of them.
- DANR 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.
- DANR 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.
Besides having an excellent technical rating, DANR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 48.01. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.63
3 important support areas can be observed.
- Support @43.47 from a horizontal line in the daily time frame.
- Support @38.98 from a trend line in the daily time frame.
- Support @31.95 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.01 to 48.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 95.31 | POSITIVE | DANR.MI has a high relative strength, it outperformed 95.31% 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) | 61.96 | NEUTRAL | The RSI value for DANR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests DANR.MI has a negative trend. |
| Stochastics (14,3) | 72.92 | NEUTRAL | The Stochastics value for DANR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for DANR.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 43.96 | POSITIVE | The high ADX value value for DANR.MI suggests a strong trend. |
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 |
|---|---|---|---|
| 48.02 | 44.75 | 3.27 (6.81%) | 14.69% |
| An entry @48.02. This is a Buy Stop order right above the resistance zone. | An exit @44.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.27 points, which is 6.81%. | For a 1.00% total portfolio risk, you can invest 14.69% 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.
Danieli & C Officine Meccaniche SpA
BIT:DANR (2/27/2026, 5:35:30 PM)
47.18
-0.38 (-0.8%)
Danieli & C Officine Meccaniche SpA / DANR.MI FAQ
What is the technical rating for DANR stock?
ChartMill assigns a technical rating of 10 / 10 to DANR.MI.
Can you provide the trend direction for Danieli & C Officine Meccaniche SpA?
The current trend direction for Danieli & C Officine Meccaniche SpA (DANR.MI) is Bullish.
What is the RSI signal for Danieli & C Officine Meccaniche SpA (DANR.MI) stock?
Danieli & C Officine Meccaniche SpA (DANR.MI) has an RSI value of 61.962. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Danieli & C Officine Meccaniche SpA?
The MACD indicator for Danieli & C Officine Meccaniche SpA (DANR.MI) has a value of -0.163482, indicating a bearish trend.
What are the support and resistance levels for Danieli & C Officine Meccaniche SpA (DANR.MI) stock?
Danieli & C Officine Meccaniche SpA (DANR.MI) has a support level at 43.47 and a resistance level at 48.01. Check the full technical report for our detailed analysis of DANR.MI support and resistance levels.