DIANTHUS THERAPEUTICS INC (DNTH) Technical Analysis
NASDAQ:DNTH • US2528281080
Overall DNTH gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DNTH 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.
- Looking at the yearly performance, DNTH did better than 98% of all other stocks. On top of that, DNTH also shows a nice and consistent pattern of rising prices.
- DNTH is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 519 stocks in the same industry.
- DNTH 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 DNTH is performing more or less in line with the market.
- In the last month DNTH has a been trading in the 46.80 - 88.02 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- DNTH has an average volume of 1022440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DNTH has an excellent technical rating, it does not present a decent entry opportunity 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
35.15
5 important support areas can be observed.
- Support @46.14 from a trend line in the weekly time frame.
- Support @43.99 from a trend line in the daily time frame.
- Support @42.50 from a trend line in the weekly time frame.
- Support @39.28 from a trend line in the daily time frame.
- Support @35.50 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 DNTH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNTH is up. |
| ChartMill Relative Strength | 98.67 | POSITIVE | DNTH has a high relative strength, it outperformed 98.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNTH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNTH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNTH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.2 | OVERBOUGHT | The high RSI value suggests DNTH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.54 | POSITIVE | The MACD value suggests DNTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.48 | OVERBOUGHT | The high Stochastics value suggests DNTH may be overbought. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for DNTH suggests high volalility. |
| Average Directional Index/ADX (14) | 39.29 | POSITIVE | The high ADX value value for DNTH suggests a strong trend. |
DNTH Technicals: Chart, Performance Metrics, Trend & Indicators
77.86
-2.46 (-3.06%)
DIANTHUS THERAPEUTICS INC / DNTH FAQ
Can you provide the ChartMill technical rating for DIANTHUS THERAPEUTICS INC?
ChartMill assigns a technical rating of 10 / 10 to DNTH.
What is the current trend direction of DIANTHUS THERAPEUTICS INC (DNTH) stock?
The current trend direction for DIANTHUS THERAPEUTICS INC (DNTH) is Bullish.
What is the RSI signal for DIANTHUS THERAPEUTICS INC (DNTH) stock?
DIANTHUS THERAPEUTICS INC (DNTH) has an RSI value of 70.2023. This indicates that the stock is currently overbought.
What is the MACD signal for DNTH stock?
The MACD indicator for DIANTHUS THERAPEUTICS INC (DNTH) has a value of 2.53833, indicating a bullish trend.
What are the support and resistance levels for DIANTHUS THERAPEUTICS INC (DNTH) stock?
DIANTHUS THERAPEUTICS INC (DNTH) has a support level at 46.14. Check the full technical report for our detailed analysis of DNTH support and resistance levels.