DYNE THERAPEUTICS INC (DYN) Stock Technical Analysis
NASDAQ:DYN - Nasdaq - US26818M1080 - Common Stock - Currency: USD
Overall DYN gets a technical rating of 0 out of 10. DYN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DYN is a bad performer in the overall market: 96% of all stocks are doing better.
DYN is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 76% are performing better than DYN.
DYN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DYN has a been trading in the 8.06 - 14.61 range, which is quite wide. It is currently trading near the lows of this range.
DYN has an average volume of 3001650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of DYN is bad and it also does not present a quality setup 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
7.05
12.64
2 important support areas can be observed.
- A support zone ranging from 8.17 to 8.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.12 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.29 to 8.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.92 from a horizontal line in the daily time frame.
- Resistance @11.62 from a trend line in the daily time frame.
- Resistance @12.51 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 | DOWN | NEGATIVE | The long term trend for DYN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DYN is down. |
| ChartMill Relative Strength | 4.24 | NEGATIVE | DYN has a low relative strength, it was outperformed by 95.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DYN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DYN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DYN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.97 | NEUTRAL | The RSI value for DYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DYN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.52 | NEUTRAL | The Stochastics value for DYN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for DYN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.2 | POSITIVE | The high ADX value value for DYN suggests a strong 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)
8.28
-0.63 (-7.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.07%
1 Week-1.31%
2 Weeks-13.03%
1 Month-42.54%
3 Month1.35%
6 Month-41.4%
12 Month-80.03%
2 Year-32.02%
3 Year-21.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%9.42%
ATR Inc24.58%
Range Today0.9
ADR(20)0.71
ADR(20)%8.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.24
Mansfield-6.52
10 Day High9.3
10 Day Low8.06
20 Day High14.61
20 Day Low8.06
52 Week High47.45
52 Week Low6.36
CS1 End8.27
CR1 Start8.29
Volume & EV
DER(3)3.93%
DER(5)6.28%
Volume3.27M
Volume Incr1.1%
Vol(5)3.55M
Vol(50)3.00M