DENISON MINES CORP (DNN) Stock Technical Analysis
USA - NYSEARCA:DNN - CA2483561072 - Common Stock
2.54 USD
+0.04 (+1.6%)
2.5592 USD
+0.02 (+0.76%)
Overall DNN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DNN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DNN is one of the better performing stocks in the market, outperforming 90% of all stocks.
DNN is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 210 stocks in the same industry.
DNN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DNN has a been trading in the 1.86 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
DNN has an average volume of 65348300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although DNN has an excellent technical rating, it does not offer a high 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
2.06
2.57
When analyzing the support we can see 2 important areas.
- Support @2.36 from a horizontal line in the daily time frame.
- Support @2.08 from a trend 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 | UP | POSITIVE | The long term trend for DNN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNN is up. |
| ChartMill Relative Strength | 90.8 | POSITIVE | DNN has a high relative strength, it outperformed 90.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.14 | NEUTRAL | The RSI value for DNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.23 | OVERBOUGHT | The high Stochastics value suggests DNN may be overbought. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for DNN suggests some volalility. |
| Average Directional Index/ADX (14) | 34.78 | POSITIVE | The high ADX value value for DNN suggests a strong 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)
2.54
+0.04 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.6%
1 Week3.67%
2 Weeks8.09%
1 Month31.61%
3 Month45.98%
6 Month69.33%
12 Month50.3%
2 Year53.94%
3 Year113.45%
5 Year524.69%
10 Year568.42%
15 Year53.94%
Volatility
ATR(14)0.12
ATR(20)%4.66%
ATR Inc-2.15%
Range Today0.11
ADR(20)0.11
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.8
Mansfield2.37
10 Day High2.61
10 Day Low2.23
20 Day High2.61
20 Day Low1.86
52 Week High2.61
52 Week Low1.08
CS1 End2.36
CR1 StartN/A
Volume & EV
DER(3)4.97%
DER(5)4.38%
Volume67.87M
Volume Incr21.5%
Vol(5)73.09M
Vol(50)65.35M