Taking everything into account, DNN scores 5 out of 10 in our technical rating. DNN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
DNN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.65, 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
2.43
2 important support areas can be observed.
- A support zone ranging from 2.59 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.45 to 2.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.66 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.85 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for DNN is neutral. |
| ChartMill Relative Strength | 76.02 | POSITIVE | DNN has a high relative strength, it outperformed 76.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DNN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DNN is below a declining 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) | 50.05 | NEUTRAL | The RSI value for DNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.72 | NEUTRAL | The Stochastics value for DNN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for DNN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.98 | NEGATIVE | The low ADX value for DNN suggests a weak or negative trend. |
2.66
+0.03 (+1.14%)
DENISON MINES CORP / DNN FAQ
What is the ChartMill technical rating of DENISON MINES CORP (DNN) stock?
ChartMill assigns a technical rating of 5 / 10 to DNN.
What is the trend direction for DNN stock?
The current trend direction for DENISON MINES CORP (DNN) is Bullish.
What is the RSI signal for DENISON MINES CORP (DNN) stock?
DENISON MINES CORP (DNN) has an RSI value of 50.0469. This indicates that the stock is currently neutral.
What is the short term momentum for DNN stock?
The short term momentum for DENISON MINES CORP (DNN) is neutral.