DANIMER SCIENTIFIC INC (DNMR) Technical Analysis
NYSE:DNMR • US2362721001
Current stock price
DNMR Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DNMR. DNMR 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.
- 100% of all other stocks performed better in the past year than DNMR.
- DNMR is part of the Chemicals industry. There are 82 other stocks in this industry, of which 98% are performing better than DNMR.
- DNMR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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.
What is the RSI signal for DNMR stock?
DANIMER SCIENTIFIC INC (DNMR) has an RSI value of 41.8707. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DANIMER SCIENTIFIC INC?
The MACD indicator for DANIMER SCIENTIFIC INC (DNMR) has a value of 0.355523, indicating a bearish trend.
What is the short term momentum for DANIMER SCIENTIFIC INC (DNMR) stock?
The short term momentum for DANIMER SCIENTIFIC INC (DNMR) is negative.