Danieli & C Officine Meccaniche SpA (DANR.MI) Stock Technical Analysis
Europe - 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.
Besides having an excellent technical rating, DANR also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 32.67, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
28.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 32.67 to 32.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.06 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.32 to 33.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.11 from a horizontal line in the daily time frame.
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 | 90.22 | POSITIVE | DANR.MI has a high relative strength, it outperformed 90.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DANR.MI is below a declining 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) | 50.99 | NEUTRAL | The RSI value for DANR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests DANR.MI has a negative trend. |
| Stochastics (14,3) | 35.75 | NEUTRAL | The Stochastics value for DANR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for DANR.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 37.28 | 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 |
|---|---|---|---|
| 33.49 | 32.67 | 0.82 (2.45%) | 25.00% |
| An entry @33.49. This is a Buy Stop order right above the resistance zone. | An exit @32.67. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.82 points, which is 2.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of DANR. Please evaluate whether better entry and exit points can be found.
- 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 (11/4/2025, 5:35:30 PM)
32.68
-1.04 (-3.08%)
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.
What is the current trend direction of Danieli & C Officine Meccaniche SpA (DANR.MI) stock?
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 50.9861. This indicates that the stock is currently neutral.
What is the MACD signal for DANR stock?
The MACD indicator for Danieli & C Officine Meccaniche SpA (DANR.MI) has a value of -0.241003, indicating a bearish trend.
What is the support and resistance level for DANR stock?
Danieli & C Officine Meccaniche SpA (DANR.MI) has a support level at 32.67 and a resistance level at 33.32. Check the full technical report for our detailed analysis of DANR.MI support and resistance levels.