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GINKGO BIOWORKS -CW27 (DNA.W) Stock Technical Analysis

NYSE:DNA.W - New York Stock Exchange, Inc. - - Currency: USD

0.0063  0 (-37.62%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to DNA.W. DNA.W's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DNA.W is a bad performer in the overall market: 100% of all stocks are doing better.
DNA.W is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month DNA.W has a been trading in the 0.01 - 0.02 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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GINKGO BIOWORKS      -CW27 / DNA.W Weekly stock chart
GINKGO BIOWORKS      -CW27 / DNA.W Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, DNA.W does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for DNA.W in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.01

0.01

We found 1 important resistance area.

  • A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DNA.W is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for DNA.W is down.
ChartMill Relative Strength0.2NEGATIVEDNA.W has a low relative strength, it was outperformed by 99.8% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of DNA.W is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of DNA.W is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DNA.W is below a declining SMA(200).
Relative Strength Index/RSI (14)36.91NEUTRALThe RSI value for DNA.W is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests DNA.W has a negative trend.
Stochastics (14,3)4.26OVERSOLDThe low Stochastics value suggests DNA.W may be oversold.
Average True Range in percent/ATR (20)91.19HIGH VOLATILITYThe high ATR as a percentage value for DNA.W suggests high volalility.
Average Directional Index/ADX (14)13.81NEGATIVEThe low ADX value for DNA.W suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
GINKGO BIOWORKS      -CW27 / DNA.W Daily stock chart

GINKGO BIOWORKS -CW27

NYSE:DNA.W (9/3/2024, 8:04:00 PM)

0.0063

0 (-37.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-37.62%
1 Week-38.83%
2 Weeks-42.2%
1 Month-65.76%
3 Month-87.01%
6 Month-92.8%
12 Month-97.67%
2 Year-99.12%
3 Year-99.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%91.19%
ATR Inc-35.99%
Range Today0.01
ADR(20)0.01
ADR(20)%90.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.2
Mansfield-9.42
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.32
52 Week Low0.01
CS1 EndN/A
CR1 Start0.01
Volume & EV
DER(3)20.05%
DER(5)-2.29%
Volume271.40K
Volume Incr-57.19%
Vol(5)129.62K
Vol(50)226.98K