DENALI THERAPEUTICS INC (DNLI) Technical Analysis
NASDAQ:DNLI • US24823R1059
Current stock price
21.09 USD
+0.92 (+4.56%)
At close:
21.16 USD
+0.07 (+0.33%)
After Hours:
DNLI Technical Rating and Analysis
Overall DNLI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DNLI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, DNLI did better than 88% of all other stocks. On top of that, DNLI also shows a nice and consistent pattern of rising prices.
- DNLI is part of the Biotechnology industry. There are 519 other stocks in this industry. DNLI outperforms 70% of them.
- DNLI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DNLI is performing more or less in line with the market.
- DNLI has an average volume of 1665400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DNLI has a been trading in the 18.93 - 22.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DNLI Weekly and Daily overview Charts
DNLI Setup Rating and Analysis
Besides having an excellent technical rating, DNLI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DNLI Support and Resistance Analysis
17.96
22.97
4 important support areas can be observed.
- A support zone ranging from 20.67 to 21.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.09 from a trend line in the weekly time frame.
- A support zone ranging from 18.77 to 18.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.14 to 18.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.50 to 21.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 22.74 to 22.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
DNLI 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 | UP | POSITIVE | The long term trend for DNLI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DNLI is neutral. |
| ChartMill Relative Strength | 88.45 | POSITIVE | DNLI has a high relative strength, it outperformed 88.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNLI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNLI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNLI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.9 | NEUTRAL | The RSI value for DNLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests DNLI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.72 | NEUTRAL | The Stochastics value for DNLI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for DNLI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.85 | NEGATIVE | The low ADX value for DNLI suggests a weak or negative trend. |
DNLI 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)
DNLI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.75 | 20.66 | 1.09 (5.01%) | 19.95% |
| An entry @21.75. This is a Buy Stop order right above the resistance zone. | An exit @20.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.09 points, which is 5.01%. | For a 1.00% total portfolio risk, you can invest 19.95% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DNLI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DNLI Technicals: Chart, Performance Metrics, Trend & Indicators
21.09
+0.92 (+4.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.56%
1 Week2.53%
2 Weeks-1.03%
1 Month1.1%
3 Month25.01%
6 Month51.18%
12 Month42.69%
2 Year2.78%
3 Year-8.46%
5 Year-63.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%5.28%
ATR Inc10.34%
Range Today1.17
ADR(20)1.04
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.45
3 months CRS93.34
6 months CRS95.61
Mansfield2.74
10 Day High21.82
10 Day Low18.93
20 Day High22.59
20 Day Low18.93
52 Week High23.77
52 Week Low10.57
CS1 End21.07
CR1 Start21.5
Volume & EV
DER(3)1.6%
DER(5)0.64%
Volume1.66M
Volume Incr14.16%
Vol(5)1.83M
Vol(50)1.67M
DENALI THERAPEUTICS INC / DNLI TA FAQ
What is the ChartMill technical rating of DENALI THERAPEUTICS INC (DNLI) stock?
ChartMill assigns a technical rating of 10 / 10 to DNLI.
Can you provide the trend direction for DENALI THERAPEUTICS INC?
The current trend direction for DENALI THERAPEUTICS INC (DNLI) is Bullish.
What is the RSI signal for DENALI THERAPEUTICS INC (DNLI) stock?
DENALI THERAPEUTICS INC (DNLI) has an RSI value of 54.9022. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DENALI THERAPEUTICS INC?
The short term momentum for DENALI THERAPEUTICS INC (DNLI) is neutral.