DENISON MINES CORP - Daily - Technical analysis published on 03/12/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
56%
11%
My opinion
Bearish under 1.46 USD
My targets
1.31 USD (-8.39%)
1.25 USD (-12.59%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DENISON MINES CORP as long as the price remains well below 1.46 USD. The sellers' bearish objective is set at 1.31 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.25 USD. In case of crossing, the next objective would be the support located at 1.10 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
DENISON MINES CORP rating 1.43 USD. On the day, this instrument gained +5.15% with the lowest point at 1.39 USD and the highest point at 1.45 USD. The deviation from the price is +2.88% for the low point and -1.38% for the high point.1.39
1.45
1.43
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DENISON MINES CORP:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of DENISON MINES CORP in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1 (Daily)
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point (Daily)
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point (Weekly)
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.94 | 1.10 | 1.25 | 1.43 | 1.46 | 1.79 | 2.04 |
| Change (%) | -34.27% | -23.08% | -12.59% | - | +2.10% | +25.17% | +42.66% |
| Change | -0.49 | -0.33 | -0.18 | - | +0.03 | +0.36 | +0.61 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.19 | 1.23 | 1.30 | 1.34 | 1.41 | 1.45 | 1.52 |
| Camarilla | 1.33 | 1.34 | 1.35 | 1.36 | 1.37 | 1.38 | 1.39 |
| Woodie | 1.20 | 1.24 | 1.31 | 1.35 | 1.42 | 1.46 | 1.53 |
| Fibonacci | 1.23 | 1.28 | 1.30 | 1.34 | 1.39 | 1.41 | 1.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.08 | 1.20 | 1.30 | 1.42 | 1.52 | 1.64 | 1.74 |
| Camarilla | 1.33 | 1.35 | 1.37 | 1.39 | 1.41 | 1.43 | 1.45 |
| Woodie | 1.06 | 1.20 | 1.28 | 1.42 | 1.50 | 1.64 | 1.72 |
| Fibonacci | 1.20 | 1.29 | 1.34 | 1.42 | 1.51 | 1.56 | 1.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 1.13 | 1.31 | 1.60 | 1.78 | 2.07 | 2.25 |
| Camarilla | 1.36 | 1.40 | 1.45 | 1.49 | 1.53 | 1.58 | 1.62 |
| Woodie | 0.79 | 1.10 | 1.26 | 1.57 | 1.73 | 2.04 | 2.20 |
| Fibonacci | 1.13 | 1.31 | 1.42 | 1.60 | 1.78 | 1.89 | 2.07 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.02 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -17.27 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 1.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.27 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 1.63 | |
| Zig ZAG (10): | 1.44 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 26.97 | |
| TEMA (21): | 1.33 | |
| Williams %R (14): | -51.52 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 2.5300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.9800 | |
| Courbe Coppock: | 27.69 |
| MA7: | 1.40 | |
| MA20: | 1.50 | |
| MA50: | 1.74 | |
| MA100: | 1.95 | |
| MAexp7: | 1.40 | |
| MAexp20: | 1.50 | |
| MAexp50: | 1.69 | |
| MAexp100: | 1.81 | |
| Price / MA7: | +2.14% | |
| Price / MA20: | -4.67% | |
| Price / MA50: | -17.82% | |
| Price / MA100: | -26.67% | |
| Price / MAexp7: | +2.14% | |
| Price / MAexp20: | -4.67% | |
| Price / MAexp50: | -15.38% | |
| Price / MAexp100: | -20.99% |
Quotes :
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15 min delayed data
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NYSE MKT Stocks
News
The last news published on DENISON MINES CORP at the time of the generation of this analysis was as follows:
- Denison Reports CNSC Hearing Dates for Phoenix ISR Project
- Denison Announces Agreement to Form Exploration Joint Ventures with Cosa Resources
- Denison Files Final Wheeler River Environmental Impact Statement with CNSC Following Completion of Technical Review
- Denison to File Early Warning Report in Respect of Foremost Clean Energy Ltd.
- Denison Reports Financial and Operational Results for Q3'2024, Including Positive Progress on Phoenix Engineering and Regulatory Review
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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