DENALI THERAPEUTICS INC (DNLI) Stock Technical Analysis
NASDAQ:DNLI - Nasdaq - US24823R1059 - Common Stock - Currency: USD
Taking everything into account, DNLI scores 0 out of 10 in our technical rating. DNLI 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, DNLI is a bad performer in the overall market: 88% of all stocks are doing better.
DNLI 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 DNLI is lagging the market.
In the last month DNLI has a been trading in the 13.14 - 16.97 range, which is quite wide. It is currently trading near the lows of this range.
DNLI has an average volume of 1405320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DNLI is an average performer in the Biotechnology industry, it outperforms 50% of 562 stocks in the same industry.
DNLI has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
13.29
16.86
We can see 2 important resistance areas.
- A resistance zone ranging from 13.78 to 14.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.69 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 | DOWN | NEGATIVE | The long term trend for DNLI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DNLI is down. |
| ChartMill Relative Strength | 12.38 | NEGATIVE | DNLI has a low relative strength, it was outperformed by 87.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DNLI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DNLI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DNLI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.5 | NEUTRAL | The RSI value for DNLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests DNLI has a negative trend. |
| Stochastics (14,3) | 11.85 | OVERSOLD | The low Stochastics value suggests DNLI may be oversold. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for DNLI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for DNLI 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)
13.42
-0.24 (-1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.76%
1 Week-2.61%
2 Weeks-6.61%
1 Month-14.41%
3 Month-35.26%
6 Month-45.65%
12 Month-30.14%
2 Year-55.59%
3 Year-44.75%
5 Year-51.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%6.62%
ATR Inc-39.68%
Range Today0.5
ADR(20)0.86
ADR(20)%6.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.38
Mansfield-3.88
10 Day High15.56
10 Day Low13.14
20 Day High16.97
20 Day Low13.14
52 Week High33.33
52 Week Low10.57
CS1 EndN/A
CR1 Start13.78
Volume & EV
DER(3)-0.13%
DER(5)-0.43%
Volume786.20K
Volume Incr-32.04%
Vol(5)941.60K
Vol(50)1.41M