Denbury Inc (DEN)

US24790A1016 - Common Stock

88.66  -0.23 (-0.26%)

After market: 88.6615 0 (0%)

Technical Rating and Analysis

1

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.

DEN is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 61% are performing better than DEN.
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 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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 currently trading near new highs, so DEN is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DEN Weekly chart
DEN Daily chart
Setup Rating and Analysis

6

DEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 88.32, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

74.33

101.40

4 important support areas can be observed.

  • 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.

When analyzing the resistance we notice 3 important areas.

  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
DEN Daily chart

Denbury Inc

NYSE:DEN (11/1/2023, 8:18:39 PM)

After market: 88.6615 0 (0%)

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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.88
ATR(20)%2.42%
ATR Inc
Range Today1.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.77M
Volume Incr164.23%
Vol(5)3.19M
Vol(50)1.51M