DAY ONE BIOPHARMACEUTICALS I (DAWN) Technical Analysis
NASDAQ:DAWN • US23954D1090
Current stock price
DAWN Technical Rating and Analysis
Overall DAWN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DAWN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, DAWN did better than 98% of all other stocks.
- DAWN is part of the Biotechnology industry. There are 519 other stocks in this industry. DAWN outperforms 92% of them.
- DAWN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DAWN is leading the market.
- DAWN 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- DAWN has an average volume of 4884580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DAWN Weekly and Daily overview Charts
DAWN Setup Rating and Analysis
Besides having an excellent technical rating, DAWN 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 21.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.40, a Stop Loss order could be placed below this zone.
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DAWN Support and Resistance Analysis
10.60
3 important support areas can be observed.
- A support zone ranging from 21.29 to 21.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.30 from a trend line in the weekly time frame.
- Support @10.71 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.44 to 21.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
DAWN Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for DAWN is up. |
| ChartMill Relative Strength | 98.27 | POSITIVE | DAWN has a high relative strength, it outperformed 98.27% off all stocks 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) | 81.5 | OVERBOUGHT | The high RSI value suggests DAWN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests DAWN has a negative trend. |
| Stochastics (14,3) | 78.54 | NEUTRAL | The Stochastics value for DAWN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for DAWN suggests some volalility. |
| Average Directional Index/ADX (14) | 56.09 | POSITIVE | The high ADX value value for DAWN suggests a strong trend. |
DAWN Chart- and CandleStick Pattern Analysis
DAWN Example Setup
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 |
|---|---|---|---|
| 21.45 | 21.27 | 0.18 (0.84%) | 25.00% |
| An entry @21.45. This is a Buy Stop order right above the resistance zone. | An exit @21.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.18 points, which is 0.84%. | For a 0.21% total portfolio risk, you can invest 25.00% 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.
DAWN Technicals: Chart, Performance Metrics, Trend & Indicators
21.41
+0.01 (+0.05%)
DAY ONE BIOPHARMACEUTICALS I / DAWN TA FAQ
Can you provide the ChartMill technical rating for DAY ONE BIOPHARMACEUTICALS I?
ChartMill assigns a technical rating of 10 / 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 81.5012. This indicates that the stock is currently overbought.
Can you provide the short term momentum for DAY ONE BIOPHARMACEUTICALS I?
The short term momentum for DAY ONE BIOPHARMACEUTICALS I (DAWN) is positive.
What is the support and resistance level for DAWN stock?
DAY ONE BIOPHARMACEUTICALS I (DAWN) has a support level at 21.4 and a resistance level at 21.44. Check the full technical report for our detailed analysis of DAWN support and resistance levels.