DENISON MINES CORP (DNN)       1.44  -0.03 (-2.04%)

1.44  -0.03 (-2.04%)

CA2483561072 - Common Stock - After market: 1.45 +0.01 (+0.69%)

Technical Rating

8

Overall DNN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DNN is only an average performer.



Both the short term and long term trends are positive. This is a very positive sign.
DNN is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 81% of 388 stocks in the same industry.
In the last month DNN has a been trading in the 1.10 - 1.52 range, which is quite wide. It is currently trading near the high of this range.
DNN has an average volume of 4652320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DNN did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
DNN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.

Statistics

1 Month 3 Months 6 Months 12 Months 25.22% 22.03% 24.14% 22.03% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 91.27 0.91 - 1.83
DNN Weekly chart
DNN Daily chart

Support/Resistance Analysis


0.99

1.49
7 important support areas can be observed.
  • Support @1.36 from a trend line in the daily time frame.
  • Support @1.24 from a horizontal line in the daily time frame.
  • Support @1.15 from a trend line in the weekly time frame.
  • Support @1.13 from a trend line in the daily time frame.
  • Support @1.10 from a horizontal line in the daily time frame.
  • Support @1.05 from a horizontal line in the daily time frame.
  • Support @1.00 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
  • Resistance @1.45 from a horizontal line in the weekly time frame.
  • Resistance @1.48 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

3

Although DNN has an excellent technical rating, it does not present a decent entry opportunity 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.


DNN Daily chart

DENISON MINES CORP1.44

NYSEARCA:DNN (1/31/2023, 7:27:31 PM)-0.03 (-2.04%)

After market: 1.45 +0.01 (+0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Energy
GICS Industry Oil, Gas & Consumable Fuels

Performance
Today -2.04% 1 Week 0.7%
2 Weeks 10.77% 1 Month 25.22%
3 Month 22.03% 6 Month 24.14%

Volatility
ATR(14) 0.08 ATR(20)% 5.12%
ATR Inc 25.04% Range Today 0.09

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 91.27 Mansfield 1.3
10 Day High 1.52 10 Day Low 1.22
20 Day High 1.52 20 Day Low 1.1
52 Week High 1.83 52 Week Low 0.91
CS1 End 1.36 CR1 Start 1.45

Volume & EV
DER(3) -1.87% DER(5) -0.95%
Volume 5.90M Volume Incr 36.12%
Vol(5) 6.77M Vol(50) 4.65M

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