DYNE THERAPEUTICS INC (DYN) Stock Technical Analysis
NASDAQ:DYN - Nasdaq - US26818M1080 - Common Stock - Currency: USD
Overall DYN gets a technical rating of 3 out of 10. In the past year, DYN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, DYN is a bad performer in the overall market: 95% of all stocks are doing better.
DYN is one of the lesser performing stocks in the Biotechnology industry. 75% of 550 stocks in the same industry do better.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DYN has an average volume of 3186980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DYN has a been trading in the 8.24 - 13.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
7.06
13.96
When analyzing the support we can see 4 important areas.
- Support @9.94 from a trend line in the daily time frame.
- Support @9.13 from a trend line in the weekly time frame.
- Support @8.73 from a trend line in the daily time frame.
- Support @7.13 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @11.60 from a horizontal line in the daily time frame.
- Resistance @13.82 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 | NEUTRAL | NEUTRAL | The long term trend for DYN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DYN is up. |
| ChartMill Relative Strength | 5.03 | NEGATIVE | DYN has a low relative strength, it was outperformed by 94.97% 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) | DOWN | MIXED | The current price of DYN is above 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) | 60.99 | NEUTRAL | The RSI value for DYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests DYN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.67 | NEUTRAL | The Stochastics value for DYN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for DYN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.04 | 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)
11.16
-0.03 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.27%
1 Week11.04%
2 Weeks12.16%
1 Month29.17%
3 Month-2.19%
6 Month-27.39%
12 Month-74.4%
2 Year-2.11%
3 Year13.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%6.96%
ATR Inc-35.88%
Range Today0.45
ADR(20)0.75
ADR(20)%6.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.03
Mansfield-4.93
10 Day High13.5
10 Day Low8.88
20 Day High13.5
20 Day Low8.24
52 Week High47.45
52 Week Low6.36
CS1 End9.94
CR1 Start11.6
Volume & EV
DER(3)8.05%
DER(5)4.69%
Volume2.35M
Volume Incr72.29%
Vol(5)4.98M
Vol(50)3.19M