DENALI THERAPEUTICS INC (DNLI) Stock Technical Analysis
USA - NASDAQ:DNLI - US24823R1059 - Common Stock
14.19 USD
-0.63 (-4.25%)
14.26 USD
+0.07 (+0.49%)
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than DNLI.
DNLI is one of the lesser performing stocks in the Biotechnology industry. 69% of 540 stocks in the same industry do better.
DNLI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DNLI has a been trading in the 14.15 - 16.20 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.
DNLI has an average volume of 1735980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, DNLI 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 DNLI 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
12.91
15.82
When analyzing the support we can see 3 important areas.
- Support @14.03 from a trend line in the weekly time frame.
- A support zone ranging from 13.43 to 13.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.04 to 13.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.05 to 15.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 7.42 | NEGATIVE | DNLI has a low relative strength, it was outperformed by 92.58% 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) | 42.27 | 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) | 12.74 | OVERSOLD | The low Stochastics value suggests DNLI may be oversold. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for DNLI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.91 | 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)
14.19
-0.63 (-4.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.25%
1 Week-8.04%
2 Weeks-9.33%
1 Month-1.87%
3 Month-2.47%
6 Month-6.34%
12 Month-53.88%
2 Year-31.22%
3 Year-53.76%
5 Year-60.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%4.86%
ATR Inc-26.01%
Range Today0.63
ADR(20)0.68
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.42
Mansfield-3.25
10 Day High16.2
10 Day Low14.17
20 Day High16.2
20 Day Low14.15
52 Week High33.33
52 Week Low10.57
CS1 End14.03
CR1 Start15.05
Volume & EV
DER(3)3.15%
DER(5)3.68%
Volume1.60M
Volume Incr-28.63%
Vol(5)1.46M
Vol(50)1.74M