DENALI THERAPEUTICS INC.

0.003190 USD (-1.33%)

03/15/2025 - 08:48 Open 15 min delayed data - NASDAQ Stocks

Open:	0.003194
Change:	-0.000043
Volume:	122

Low:	0.003190
High:	0.003264
High / Low range:	0.000074

Type:	Stocks
Ticker:	DNLI
ISIN:

DENALI THERAPEUTICS INC. - Daily - Technical analysis published on 08/06/2019 (GMT)

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08/06/2019 - 13:21
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Timeframe : Daily
- Analysis generated on 08/06/2019 - 13:20
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 21.82 USD

My targets

18.43 USD (-1.71%)

16.67 USD (-11.09%)

My analysis

DENALI THERAPEUTICS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 21.82 USD. The next support located at 18.43 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 16.67 USD. Below this support, sellers could then target 13.88 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

DENALI THERAPEUTICS INC. rating 18.75 USD. The price registered a decrease of -1.42% on the session and was between 18.19 USD and 18.87 USD. This implies that the price is at +3.08% from its lowest and at -0.64% from its highest.

18.19

18.87

18.75

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of DENALI THERAPEUTICS INC. in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.88	16.67	18.43	18.75	21.82	24.66	28.14
Change (%)	-25.97%	-11.09%	-1.71%	-	+16.37%	+31.52%	+50.08%
Change	-4.87	-2.08	-0.32	-	+3.07	+5.91	+9.39
Level	Minor	Minor	Major	-	Major	Minor	Minor

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	17.17	18.07	18.55	19.44	19.92	20.81	21.29
Camarilla	18.64	18.77	18.89	19.02	19.15	19.27	19.40
Woodie	16.96	17.96	18.34	19.34	19.71	20.71	21.08
Fibonacci	18.07	18.59	18.92	19.44	19.96	20.29	20.81

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.61	16.79	17.90	20.08	21.20	23.38	24.49
Camarilla	18.11	18.42	18.72	19.02	19.32	19.62	19.93
Woodie	14.08	16.52	17.37	19.82	20.67	23.11	23.96
Fibonacci	16.79	18.05	18.82	20.08	21.34	22.12	23.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.92	18.17	19.76	21.01	22.60	23.85	25.44
Camarilla	20.57	20.83	21.09	21.35	21.61	21.87	22.13
Woodie	17.09	18.26	19.93	21.10	22.77	23.94	25.61
Fibonacci	18.17	19.26	19.93	21.01	22.10	22.77	23.85

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.73
MACD (12,26,9):	-0.1200
Directional Movement:	-10.88
AROON (14):	-21.43
DEMA (21):	20.29
Parabolic SAR (0,02-0,02-0,2):	22.19
Elder Ray (13):	-1.77
Super Trend (3,10):	21.47
Zig ZAG (10):	18.75
VORTEX (21):	0.8700
Stochastique (14,3,5):	15.35
TEMA (21):	20.23
Williams %R (14):	-86.24
Chande Momentum Oscillator (20):	-2.05
Repulse (5,40,3):	-7.6200
ROCnROLL:	2
TRIX (15,9):	0.0800
Courbe Coppock:	1.08

MA7:	20.52
MA20:	20.47
MA50:	20.06
MA100:	21.90
MAexp7:	20.02
MAexp20:	20.37
MAexp50:	20.61
MAexp100:	20.88
Price / MA7:	-8.63%
Price / MA20:	-8.40%
Price / MA50:	-6.53%
Price / MA100:	-14.38%
Price / MAexp7:	-6.34%
Price / MAexp20:	-7.95%
Price / MAexp50:	-9.02%
Price / MAexp100:	-10.20%

News

The last news published on DENALI THERAPEUTICS INC. at the time of the generation of this analysis was as follows:

08/05/2019 - 13:00 Denali Therapeutics Announces That Its Partner Sanofi has Commenced Dosing of DNL758 in a Phase 1 Study
06/11/2019 - 13:00 Denali Therapeutics Receives Orphan Drug and Rare Pediatric Disease Designation for DNL310, and Expands its Portfolio of Brain Penetrant Enzyme Replacement Programs
05/08/2019 - 20:30 Denali Therapeutics Reports First Quarter 2019 Financial Results
03/12/2019 - 13:00 Denali Therapeutics Reports Full Year 2018 Financial Results and Business Highlights
02/15/2019 - 14:00 Denali Therapeutics Announces First Patient Dosed in Phase 1b Study of DNL747 for Alzheimer’s Disease

This member declared not having a position on this financial instrument or a related financial instrument.

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