DANIMER SCIENTIFIC INC (DNMR) Technical Analysis
NYSE:DNMR • US2362721001
Current stock price
DNMR Technical Rating and Analysis
Overall DNMR gets a technical rating of 0 out of 10. DNMR'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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DNMR is a bad performer in the overall market: 100% of all stocks are doing better.
- DNMR is one of the lesser performing stocks in the Chemicals industry. 97% of 83 stocks in the same industry do better.
- DNMR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DNMR is lagging the market.
- In the last month DNMR has a been trading in the 2.45 - 6.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
DNMR Weekly and Daily overview Charts
DNMR Setup Rating and Analysis
The technical rating of DNMR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DNMR Support and Resistance Analysis
4.09
We found 1 important resistance area.
- A resistance zone ranging from 4.73 to 4.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
DNMR 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 | DOWN | NEGATIVE | The long term trend for DNMR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DNMR is down. |
| ChartMill Relative Strength | 0.48 | NEGATIVE | DNMR has a low relative strength, it was outperformed by 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DNMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DNMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DNMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.87 | NEUTRAL | The RSI value for DNMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests DNMR has a positive trend. |
| Stochastics (14,3) | 57.45 | NEUTRAL | The Stochastics value for DNMR is a neutral value. |
| Average True Range in percent/ATR (20) | 18.53 | HIGH VOLATILITY | The high ATR as a percentage value for DNMR suggests high volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for DNMR suggests a weak or negative trend. |
DNMR Chart- and CandleStick Pattern Analysis
DNMR Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:DNMR (12/30/2024, 8:08:00 PM)
4.13
-0.59 (-12.5%)
DANIMER SCIENTIFIC INC / DNMR TA FAQ
What is the technical rating for DNMR stock?
ChartMill assigns a technical rating of 0 / 10 to DNMR.
Can you provide the trend direction for DANIMER SCIENTIFIC INC?
The current trend direction for DANIMER SCIENTIFIC INC (DNMR) is Bearish.
Can you provide the RSI signal for DANIMER SCIENTIFIC INC?
DANIMER SCIENTIFIC INC (DNMR) has an RSI value of 41.8707. This indicates that the stock is currently neutral.
What is the buy/sell signal for DNMR stock?
The buy/sell signal for DANIMER SCIENTIFIC INC (DNMR) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DNMR stock?
DANIMER SCIENTIFIC INC (DNMR) has a resistance level at 4.73. Check the full technical report for our detailed analysis of DNMR support and resistance levels.