Europe - BIT:DNR - IT0005186371 - Common Stock
Overall DNR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DNR is a bad performer.
Although DNR has an excellent technical rating, the quality of the presented setup is not ideal 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.
5.96
We found 4 important support areas.
We can see 2 important resistance areas.
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 DNR.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNR.MI is up. |
ChartMill Relative Strength | 39.25 | NEUTRAL | DNR.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNR.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNR.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNR.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.99 | NEUTRAL | The RSI value for DNR.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DNR.MI has a negative trend. |
Stochastics (14,3) | 59.5 | NEUTRAL | The Stochastics value for DNR.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for DNR.MI suggests some volalility. |
Average Directional Index/ADX (14) | 45.99 | POSITIVE | The high ADX value value for DNR.MI suggests a strong trend. |
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 |
---|---|---|---|
8.22 | 7.82 | 0.40 (4.89%) | 20.45% |
An entry @8.22. This is a Buy Stop order right above the resistance zone. | An exit @7.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.40 points, which is 4.89%. | For a 1.00% total portfolio risk, you can invest 20.45% of your capital in this trade. |
BIT:DNR (10/17/2025, 7:00:00 PM)
7.865
-0.18 (-2.24%)