Denbury Inc (DEN) Stock Technical Analysis
NYSE:DEN - New York Stock Exchange, Inc. - US24790A1016 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to DEN. DEN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month DEN has a been trading in the 87.76 - 95.53 range, which is quite wide. It is currently trading near the lows of this range.
DEN is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 75% of 214 stocks in the same industry.
DEN has an average volume of 1506970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, DEN turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
DEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DEN is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, DEN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 88.32, a Stop Loss order could be placed below this zone.
More info and screens
74.33
101.40
We found 4 important support areas.
- A support zone ranging from 87.50 to 88.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @84.62 from a horizontal line in the daily time frame.
- Support @79.86 from a trend line in the weekly time frame.
- Support @75.08 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 90.66 to 91.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.62 to 98.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @100.40 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.83
Mansfield-0.15
10 Day High95.53
10 Day Low87.76
20 Day High95.53
20 Day Low87.76
52 Week High100.65
52 Week Low75.33
Performance
1 Week-2.6%
2 Weeks-6.42%
1 Month-5.07%
3 Month0.7%
6 Month-0.34%
12 Month-4.13%
2 Year11.35%
3 Year294.75%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.39
RSI(14)37.86
LBB87.2
UBB95.51
88.66
-0.23 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.26%
1 Week-2.6%
2 Weeks-6.42%
1 Month-5.07%
3 Month0.7%
6 Month-0.34%
12 Month-4.13%
2 Year11.35%
3 Year294.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.88
ATR(20)%2.42%
ATR Inc-33.9%
Range Today1.41
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.83
Mansfield-0.15
10 Day High95.53
10 Day Low87.76
20 Day High95.53
20 Day Low87.76
52 Week High100.65
52 Week Low75.33
CS1 End88.32
CR1 Start90.66
Volume & EV
DER(3)-0.97%
DER(5)1.13%
Volume11.77M
Volume Incr164.23%
Vol(5)3.19M
Vol(50)1.51M