DENISON MINES CORP (DNN)
CA2483561072 - Common Stock
We assign a technical rating of 9 out of 10 to DNN. 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.
In the last month DNN has a been trading in the 1.94 - 2.25 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, DNN did better than 93% of all other stocks. On top of that, DNN also shows a nice and consistent pattern of rising prices.
DNN is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. DNN outperforms 91% of them.
DNN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DNN is performing more or less in line with the market.
DNN has an average volume of 14840500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DNN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DNN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.99
2.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.90 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.00 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @2.15 from a horizontal line in the weekly time frame.
- Resistance @2.23 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.55
Mansfield1.53
10 Day High2.16
10 Day Low1.94
20 Day High2.25
20 Day Low1.94
52 Week High2.25
52 Week Low1
Performance
1 Week2.01%
2 Weeks-3.79%
1 Month4.1%
3 Month5.73%
6 Month32.68%
12 Month84.55%
2 Year54.96%
3 Year89.72%
5 Year281.36%
10 Year48.18%
15 Year8.56%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)52.24
LBB1.92
UBB2.16
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.16 | 1.93 | 0.23 (10.65%) | 9.39% |
| An entry @2.16. This is a Buy Stop order right above the resistance zone. | An exit @1.93. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.23 points, which is 10.65%. | For a 1.00% total portfolio risk, you can invest 9.39% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DENISON MINES CORP
NYSEARCA:DNN (4/26/2024, 7:04:00 PM)
After market: 2.01 -0.02 (-0.99%)2.03
+0.06 (+3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.05%
1 Week2.01%
2 Weeks-3.79%
1 Month4.1%
3 Month5.73%
6 Month32.68%
12 Month84.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%5.29%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.16
10 Day Low1.94
20 Day High2.25
20 Day Low1.94
52 Week High2.25
52 Week Low1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.18M
Volume Incr-6.47%
Vol(5)14.63M
Vol(50)14.84M