GINKGO BIOWORKS -CW27 (DNA.W) Stock Technical Analysis
NYSE:DNA.W - New York Stock Exchange, Inc. - - Currency: USD
We assign a technical rating of 0 out of 10 to DNA.W. DNA.W scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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. The S&P500 Index is trading in the upper part of its 52 week range, so DNA.W is lagging the market.
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.
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.
More info and screens
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0.01
When analyzing the resistance we notice one important 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.
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 | DOWN | NEGATIVE | The long term trend for DNA.W is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DNA.W is down. |
| ChartMill Relative Strength | 0.2 | NEGATIVE | DNA.W has a low relative strength, it was outperformed by 99.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DNA.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DNA.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DNA.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.91 | NEUTRAL | The RSI value for DNA.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DNA.W has a negative trend. |
| Stochastics (14,3) | 4.26 | OVERSOLD | The low Stochastics value suggests DNA.W may be oversold. |
| Average True Range in percent/ATR (20) | 91.19 | HIGH VOLATILITY | The high ATR as a percentage value for DNA.W suggests high volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for DNA.W suggests a weak or negative trend. |
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)
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