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'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DNLI is a bad performer in the overall market: 86% of all stocks are doing 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.
DNLI has an average volume of 1489400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DNLI is part of the Biotechnology industry. There are 558 other stocks in this industry, DNLI did better than 49% of them.
In the last month DNLI has a been trading in the 13.41 - 15.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DNLI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.23, a Stop Loss order could be placed below this zone.
More info and screens
12.90
16.86
We found 1 important support area.
- A support zone ranging from 13.03 to 13.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.25 to 14.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.05 to 15.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for DNLI is neutral. |
| ChartMill Relative Strength | 14.75 | NEGATIVE | DNLI has a low relative strength, it was outperformed by 85.25% 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) | 47.24 | NEUTRAL | The RSI value for DNLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DNLI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.11 | NEUTRAL | The Stochastics value for DNLI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for DNLI suggests some volalility. |
| Average Directional Index/ADX (14) | 9.03 | 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)
14.17
-0.52 (-3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.54%
1 Week-1.12%
2 Weeks1.29%
1 Month-2.61%
3 Month11.22%
6 Month-35.39%
12 Month-33.97%
2 Year-50.16%
3 Year-58.35%
5 Year-39.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%4.76%
ATR Inc4.03%
Range Today0.79
ADR(20)0.67
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.75
Mansfield-3.57
10 Day High15.38
10 Day Low13.83
20 Day High15.38
20 Day Low13.41
52 Week High33.33
52 Week Low10.57
CS1 End13.23
CR1 Start14.25
Volume & EV
DER(3)-2.26%
DER(5)0.04%
Volume1.47M
Volume Incr-5.96%
Vol(5)1.44M
Vol(50)1.49M