DAY ONE BIOPHARMACEUTICALS I (DAWN) Stock Technical Analysis
NASDAQ:DAWN • US23954D1090
Overall DAWN gets a technical rating of 7 out of 10. In the last year, DAWN was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month DAWN has a been trading in the 10.30 - 12.49 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that DAWN is one of the better performing stocks in the market, outperforming 75% of all stocks.
- DAWN has an average volume of 2516470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DAWN is an average performer in the Biotechnology industry, it outperforms 62% of 521 stocks in the same industry.
- DAWN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DAWN is lagging the market.
Although DAWN has an excellent technical rating, the quality of the presented setup is not ideal 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
8.63
2 important support areas can be observed.
- Support @9.75 from a trend line in the daily time frame.
- Support @8.72 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.92 to 10.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.40 to 11.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.96 from a horizontal line in the weekly time frame.
- Resistance @12.35 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 DAWN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAWN is neutral. |
| ChartMill Relative Strength | 75.74 | POSITIVE | DAWN has a high relative strength, it outperformed 75.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAWN is below a declining 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) | 47.24 | NEUTRAL | The RSI value for DAWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests DAWN has a negative trend. |
| Stochastics (14,3) | 67.98 | NEUTRAL | The Stochastics value for DAWN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for DAWN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.33 | NEUTRAL | The ADX value for DAWN suggests a possible start of a new trend. |
10.65
-0.28 (-2.56%)
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 47.2361. 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 10.92 and a resistance level at 11.4. Check the full technical report for our detailed analysis of DAWN support and resistance levels.