GINKGO BIOWORKS HOLDINGS INC (DNA) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:DNA • US37611X2099
Overall DNA gets a technical rating of 3 out of 10. In the past year, DNA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 77% of all other stocks performed better in the past year than DNA.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- DNA has an average volume of 1017100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- DNA is an average performer in the Life Sciences Tools & Services industry, it outperforms 52% of 58 stocks in the same industry.
- DNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DNA is lagging the market.
- In the last month DNA has a been trading in the 7.73 - 11.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of DNA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.96 to 9.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.32 from a trend line in the daily time frame.
- Support @5.65 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @10.11 from a horizontal line in the weekly time frame.
- Resistance @10.71 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for DNA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DNA is neutral. |
| ChartMill Relative Strength | 23.14 | NEGATIVE | DNA has a low relative strength, it was outperformed by 76.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DNA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.77 | NEUTRAL | The RSI value for DNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.53 | NEUTRAL | The Stochastics value for DNA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for DNA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.16 | NEUTRAL | The ADX value for DNA suggests a possible start of a new trend. |
10.1
+1.78 (+21.39%)
GINKGO BIOWORKS HOLDINGS INC / DNA FAQ
What is the ChartMill technical rating of GINKGO BIOWORKS HOLDINGS INC (DNA) stock?
ChartMill assigns a technical rating of 3 / 10 to DNA.
What is the trend direction for DNA stock?
The current trend direction for GINKGO BIOWORKS HOLDINGS INC (DNA) is Bearish.
What is the RSI signal for GINKGO BIOWORKS HOLDINGS INC (DNA) stock?
GINKGO BIOWORKS HOLDINGS INC (DNA) has an RSI value of 57.7704. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GINKGO BIOWORKS HOLDINGS INC?
The MACD indicator for GINKGO BIOWORKS HOLDINGS INC (DNA) has a value of -0.0612393, indicating a bearish trend.
What is the support and resistance level for DNA stock?
GINKGO BIOWORKS HOLDINGS INC (DNA) has a support level at 9.19 and a resistance level at 10.11. Check the full technical report for our detailed analysis of DNA support and resistance levels.