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.
Although DNN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
2.48
3 important support areas can be observed.
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 | 91.48 | POSITIVE | DNN has a high relative strength, it outperformed 91.48% 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) | 72.95 | OVERBOUGHT | The high RSI value suggests DNN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DNN has a positive trend. |
| Stochastics (14,3) | 97.39 | OVERBOUGHT | The high Stochastics value suggests DNN may be overbought. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for DNN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.02 | NEUTRAL | The ADX value for DNN suggests a possible start of a new trend. |
3.33
+0.05 (+1.52%)
ChartMill assigns a technical rating of 10 / 10 to DNN.
The current trend direction for DENISON MINES CORP (DNN) is Bullish.
DENISON MINES CORP (DNN) has an RSI value of 72.9525. This indicates that the stock is currently overbought.
The short term momentum for DENISON MINES CORP (DNN) is positive.
The buy/sell signal for DENISON MINES CORP (DNN) is buy as both the short term and long term trends are positive.