We assign a technical rating of 7 out of 10 to DAWN. Although DAWN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DAWN has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
7.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.54 to 8.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.03 from a trend line in the daily time frame.
- Support @7.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.74 to 9.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.33 from a trend line in the weekly 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 DAWN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAWN is neutral. |
| ChartMill Relative Strength | 56.94 | NEUTRAL | DAWN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAWN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAWN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAWN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.79 | NEUTRAL | The RSI value for DAWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DAWN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.11 | NEUTRAL | The Stochastics value for DAWN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for DAWN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for DAWN suggests a possible start of a new trend. |
9.61
+0.97 (+11.23%)
DAY ONE BIOPHARMACEUTICALS I / DAWN FAQ
Can you provide the ChartMill technical rating for DAY ONE BIOPHARMACEUTICALS I?
ChartMill assigns a technical rating of 7 / 10 to DAWN.
What is the trend direction for DAWN stock?
The current trend direction for DAY ONE BIOPHARMACEUTICALS I (DAWN) is Bullish.
What is the RSI signal for DAWN stock?
DAY ONE BIOPHARMACEUTICALS I (DAWN) has an RSI value of 57.7948. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DAY ONE BIOPHARMACEUTICALS I?
The short term momentum for DAY ONE BIOPHARMACEUTICALS I (DAWN) is neutral.
What is the support and resistance level for DAWN stock?
DAY ONE BIOPHARMACEUTICALS I (DAWN) has a support level at 8.84 and a resistance level at 9.74. Check the full technical report for our detailed analysis of DAWN support and resistance levels.