DYNE THERAPEUTICS INC (DYN) Stock Technical Analysis
USA - NASDAQ:DYN - US26818M1080 - Common Stock
23.63 USD
-0.66 (-2.72%)
25.68 USD
+2.05 (+8.68%)
We assign a technical rating of 9 out of 10 to DYN. Both in the recent history as in the last year, DYN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
DYN is one of the better performing stocks in the Biotechnology industry, it outperforms 83% of 534 stocks in the same industry.
In the last month DYN has a been trading in the 12.33 - 25.00 range, which is quite wide. It is currently trading near the high of this range.
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 2626570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DYN did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
DYN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DYN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DYN has an excellent technical rating, it does not present a decent entry opportunity 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
13.93
23.87
3 important support areas can be observed.
- Support @17.52 from a trend line in the daily time frame.
- A support zone ranging from 14.48 to 14.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.07 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 DYN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DYN is up. |
| ChartMill Relative Strength | 92.38 | POSITIVE | DYN has a high relative strength, it outperformed 92.38% 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) | UP | POSITIVE | The current price of DYN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.56 | OVERBOUGHT | The high RSI value suggests DYN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests DYN has a positive trend. |
| Stochastics (14,3) | 91.53 | OVERBOUGHT | The high Stochastics value suggests DYN may be overbought. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for DYN suggests high volalility. |
| Average Directional Index/ADX (14) | 44.35 | 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)
23.63
-0.66 (-2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.72%
1 Week44.53%
2 Weeks42.95%
1 Month89.04%
3 Month135.12%
6 Month99.24%
12 Month-17.78%
2 Year235.18%
3 Year107.28%
5 Year14.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%5.24%
ATR Inc1.68%
Range Today1.48
ADR(20)0.9
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.38
3 months CRS98.37
6 months CRS93.77
Mansfield3.82
10 Day High25
10 Day Low16
20 Day High25
20 Day Low12.33
52 Week High35.68
52 Week Low6.36
CS1 End17.52
CR1 StartN/A
Volume & EV
DER(3)-0.42%
DER(5)-0.58%
Volume3.46M
Volume Incr108.05%
Vol(5)4.87M
Vol(50)2.63M
DYNE THERAPEUTICS INC / DYN FAQ
Can you provide the ChartMill technical rating for DYNE THERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to DYN.
What is the current trend direction of DYNE THERAPEUTICS INC (DYN) stock?
The current trend direction for DYNE THERAPEUTICS INC (DYN) is Bullish.
What is the RSI signal for DYN stock?
DYNE THERAPEUTICS INC (DYN) has an RSI value of 81.5551. This indicates that the stock is currently overbought.
What is the MACD signal for DYN stock?
The MACD indicator for DYNE THERAPEUTICS INC (DYN) has a value of 0.893794, indicating a bearish trend.
Can you provide the short term momentum for DYNE THERAPEUTICS INC?
The short term momentum for DYNE THERAPEUTICS INC (DYN) is positive.