DENALI THERAPEUTICS INC (DNLI) Stock Technical Analysis
NASDAQ:DNLI - Nasdaq - US24823R1059 - Common Stock - Currency: USD
Overall DNLI gets a technical rating of 2 out of 10. 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.
86% of all other stocks performed better in the past year than DNLI.
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.
DNLI has an average volume of 1466340 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 52% of 557 stocks in the same industry.
In the last month DNLI has a been trading in the 12.86 - 15.69 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 and the volatility has been reduced. There is a support zone below the current price at 13.79, a Stop Loss order could be placed below this zone.
More info and screens
12.90
16.86
We found 2 important support areas.
- A support zone ranging from 13.78 to 13.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.13 to 14.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.27 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for DNLI is down. |
| ChartMill Relative Strength | 14.06 | NEGATIVE | DNLI has a low relative strength, it was outperformed by 85.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DNLI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DNLI is below the rising 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) | 45.02 | NEUTRAL | The RSI value for DNLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DNLI has a negative trend. |
| Stochastics (14,3) | 38.93 | NEUTRAL | The Stochastics value for DNLI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for DNLI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.59 | 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)
13.89
-0.2 (-1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.42%
1 Week-6.97%
2 Weeks-2.32%
1 Month1.46%
3 Month-3.74%
6 Month-35.24%
12 Month-38.62%
2 Year-52.93%
3 Year-52.8%
5 Year-42.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%5.36%
ATR Inc-27.76%
Range Today0.56
ADR(20)0.73
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.06
Mansfield-3.63
10 Day High15.69
10 Day Low13.57
20 Day High15.69
20 Day Low12.86
52 Week High33.33
52 Week Low10.57
CS1 End13.79
CR1 Start14.13
Volume & EV
DER(3)-0.58%
DER(5)1.46%
Volume1.53M
Volume Incr-10.15%
Vol(5)1.36M
Vol(50)1.47M