DESIGN THERAPEUTICS INC (DSGN) Stock Technical Analysis
USA - NASDAQ:DSGN - US25056L1035 - Common Stock
Overall DSGN gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DSGN is showing a nice and steady performance.
Although DSGN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.22
When analyzing the support we can see 2 important areas.
- Support @5.62 from a trend line in the daily time frame.
- Support @4.26 from a trend 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 DSGN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSGN is neutral. |
| ChartMill Relative Strength | 92.39 | POSITIVE | DSGN has a high relative strength, it outperformed 92.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DSGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DSGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.48 | NEUTRAL | The RSI value for DSGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DSGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.99 | NEUTRAL | The Stochastics value for DSGN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.28 | HIGH VOLATILITY | The high ATR as a percentage value for DSGN suggests high volalility. |
| Average Directional Index/ADX (14) | 23.4 | NEUTRAL | The ADX value for DSGN suggests a possible start of a new trend. |
6.97
+1.24 (+21.64%)
DESIGN THERAPEUTICS INC / DSGN FAQ
What is the ChartMill technical rating of DESIGN THERAPEUTICS INC (DSGN) stock?
ChartMill assigns a technical rating of 8 / 10 to DSGN.
What is the current trend direction of DESIGN THERAPEUTICS INC (DSGN) stock?
The current trend direction for DESIGN THERAPEUTICS INC (DSGN) is Bullish.
What is the RSI signal for DESIGN THERAPEUTICS INC (DSGN) stock?
DESIGN THERAPEUTICS INC (DSGN) has an RSI value of 59.4766. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DESIGN THERAPEUTICS INC?
The MACD indicator for DESIGN THERAPEUTICS INC (DSGN) has a value of -0.0461313, indicating a bearish trend.
What are the support and resistance levels for DESIGN THERAPEUTICS INC (DSGN) stock?
DESIGN THERAPEUTICS INC (DSGN) has a support level at 5.62. Check the full technical report for our detailed analysis of DSGN support and resistance levels.