GINKGO BIOWORKS HOLDINGS INC (DNA) Technical Analysis
NYSE:DNA • US37611X2099
Current stock price
DNA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to DNA. DNA'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 62% of all other stocks performed better in the past year than DNA.
- DNA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DNA is lagging the market.
- DNA has an average volume of 1204090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DNA is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, DNA did better than 67% of them.
- In the last month DNA has a been trading in the 5.37 - 7.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DNA Weekly and Daily overview Charts
DNA Setup Rating and Analysis
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
DNA Support and Resistance Analysis
5.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.74 to 6.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.92 from a horizontal line in the weekly time frame.
- Support @5.65 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.37 to 7.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.05 to 8.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
DNA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DNA is down. |
| ChartMill Relative Strength | 38.1 | NEUTRAL | DNA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of DNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.84 | NEUTRAL | The RSI value for DNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DNA has a positive trend. |
| Stochastics (14,3) | 33.48 | NEUTRAL | The Stochastics value for DNA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for DNA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.17 | NEUTRAL | The ADX value for DNA suggests a possible start of a new trend. |
DNA Chart- and CandleStick Pattern Analysis
DNA Technicals: Chart, Performance Metrics, Trend & Indicators
6.79
+0.66 (+10.77%)
GINKGO BIOWORKS HOLDINGS INC / DNA TA FAQ
What is the ChartMill technical rating of GINKGO BIOWORKS HOLDINGS INC (DNA) stock?
ChartMill assigns a technical rating of 1 / 10 to DNA.
What is the trend direction for DNA stock?
The current trend direction for GINKGO BIOWORKS HOLDINGS INC (DNA) is Bearish.
Can you provide the RSI signal for GINKGO BIOWORKS HOLDINGS INC?
GINKGO BIOWORKS HOLDINGS INC (DNA) has an RSI value of 47.8361. This indicates that the stock is currently neutral.
What is the buy/sell signal for GINKGO BIOWORKS HOLDINGS INC (DNA) stock?
The buy/sell signal for GINKGO BIOWORKS HOLDINGS INC (DNA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GINKGO BIOWORKS HOLDINGS INC (DNA) stock?
GINKGO BIOWORKS HOLDINGS INC (DNA) has a support level at 6.78 and a resistance level at 7.37. Check the full technical report for our detailed analysis of DNA support and resistance levels.