DYNE THERAPEUTICS INC (DYN) Stock Technical Analysis
NASDAQ:DYN - Nasdaq - US26818M1080 - Common Stock - Currency: USD
Overall DYN gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DYN was also a bad performer in the overall market in the last year.
88% of all other stocks performed better in the past year than DYN.
DYN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
DYN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DYN has an average volume of 2618530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DYN is an average performer in the Biotechnology industry, it outperforms 47% of 557 stocks in the same industry.
DYN has an average technical rating and the quality of the presented setup is also 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.
More info and screens
7.03
14.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.87 to 13.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.10 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.18 to 14.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.69 to 14.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for DYN is up. |
| ChartMill Relative Strength | 12.3 | NEGATIVE | DYN has a low relative strength, it was outperformed by 87.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DYN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DYN is above the rising 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) | 58.81 | NEUTRAL | The RSI value for DYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DYN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.61 | NEUTRAL | The Stochastics value for DYN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for DYN suggests high volalility. |
| Average Directional Index/ADX (14) | 34.46 | 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)
13.82
-0.59 (-4.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.09%
1 Week-4.03%
2 Weeks8.82%
1 Month16.82%
3 Month14.4%
6 Month-42.39%
12 Month-60.54%
2 Year22.84%
3 Year101.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%6.12%
ATR Inc2.56%
Range Today0.89
ADR(20)0.82
ADR(20)%5.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.3
Mansfield-4.61
10 Day High15.23
10 Day Low12.54
20 Day High15.23
20 Day Low11.22
52 Week High47.45
52 Week Low6.36
CS1 End13.08
CR1 Start14.18
Volume & EV
DER(3)0.75%
DER(5)0.43%
Volume7.06M
Volume Incr54.84%
Vol(5)3.09M
Vol(50)2.62M