DIANTHUS THERAPEUTICS INC (DNTH) Stock Technical Analysis
NASDAQ:DNTH - Nasdaq - US2528281080 - Common Stock - Currency: USD
Overall DNTH gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DNTH was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, DNTH is a bad performer in the overall market: 85% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DNTH is part of the Biotechnology industry. There are 560 other stocks in this industry, DNTH did better than 49% of them.
DNTH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DNTH is lagging the market.
In the last month DNTH has a been trading in the 16.64 - 23.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DNTH has a poor technical rating and the quality of the setup is also only medium 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
17.05
26.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.85 to 19.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.22 to 17.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @21.09 from a horizontal line in the daily time frame.
- Resistance @26.01 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for DNTH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNTH is up. |
| ChartMill Relative Strength | 15.37 | NEGATIVE | DNTH has a low relative strength, it was outperformed by 84.63% 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) | DOWN | MIXED | The current price of DNTH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DNTH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.92 | NEUTRAL | The RSI value for DNTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests DNTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.68 | NEUTRAL | The Stochastics value for DNTH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for DNTH suggests high volalility. |
| Average Directional Index/ADX (14) | 22.59 | NEUTRAL | The ADX value for DNTH suggests a possible start of a new trend. |
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)
20.06
-0.55 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.67%
1 Week6.42%
2 Weeks10.65%
1 Month10.71%
3 Month13.91%
6 Month-17.11%
12 Month-30.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%6.7%
ATR Inc11.14%
Range Today1.04
ADR(20)1.32
ADR(20)%6.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.37
Mansfield-2.06
10 Day High23.37
10 Day Low17.27
20 Day High23.37
20 Day Low16.64
52 Week High32.27
52 Week Low13.37
CS1 End19.07
CR1 Start21.09
Volume & EV
DER(3)10.03%
DER(5)3.94%
Volume283.40K
Volume Incr74.76%
Vol(5)551.46K
Vol(50)307.37K