DAY ONE BIOPHARMACEUTICALS I (DAWN) Stock Technical Analysis
NASDAQ:DAWN • US23954D1090
Taking everything into account, DAWN scores 6 out of 10 in our technical rating. DAWN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month DAWN has a been trading in the 10.30 - 12.15 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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.
- DAWN has an average volume of 2543240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that DAWN is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- DAWN is part of the Biotechnology industry. There are 521 other stocks in this industry, DAWN did better than 61% of them.
- 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.
DAWN has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
8.65
We found 2 important support areas.
- Support @9.78 from a trend line in the daily time frame.
- Support @8.74 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.35 to 11.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.96 to 12.08. This zone is formed by a combination of multiple trend lines 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 DAWN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAWN is neutral. |
| ChartMill Relative Strength | 71.89 | POSITIVE | DAWN has a high relative strength, it outperformed 71.89% 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) | 44.94 | NEUTRAL | The RSI value for DAWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests DAWN has a negative trend. |
| Stochastics (14,3) | 48.2 | NEUTRAL | The Stochastics value for DAWN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for DAWN suggests high volalility. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for DAWN suggests a possible start of a new trend. |
10.62
-0.03 (-0.28%)
DAY ONE BIOPHARMACEUTICALS I / DAWN FAQ
Can you provide the ChartMill technical rating for DAY ONE BIOPHARMACEUTICALS I?
ChartMill assigns a technical rating of 6 / 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 44.9436. 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 10.64 and a resistance level at 11.35. Check the full technical report for our detailed analysis of DAWN support and resistance levels.