Danieli & C Officine Meccaniche SpA (DANR.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:DANR - IT0000076486
We assign a technical rating of 10 out of 10 to DANR. Both in the recent history as in the last year, DANR has proven to be a steady performer, scoring decent points in every aspect analyzed.
DANR has an excellent technical rating and 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 support zone below the current price at 34.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DANR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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30.91
We found 3 important support areas.
- A support zone ranging from 34.39 to 34.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @32.29 from a horizontal line in the weekly time frame.
- A support zone ranging from 31.22 to 31.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.92 to 36.35. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 93.38 | POSITIVE | DANR.MI has a high relative strength, it outperformed 93.38% 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) | 64.18 | NEUTRAL | The RSI value for DANR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DANR.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.99 | NEUTRAL | The Stochastics value for DANR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for DANR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 29.34 | 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 |
|---|---|---|---|
| 36.36 | 34.45 | 1.91 (5.25%) | 19.04% |
| An entry @36.36. This is a Buy Stop order right above the resistance zone. | An exit @34.45. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.91 points, which is 5.25%. | When investing 19.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (12/30/2025, 9:02:15 AM)
35.8
-0.18 (-0.5%)
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 64.1846. 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 0.0631273, 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 34.88 and a resistance level at 36.09. Check the full technical report for our detailed analysis of DANR.MI support and resistance levels.