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Stock Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Denbury Resources, Inc (NYSE:DNR)

Long-Term Downtrend (-90) - DNR is in a strong downtrend that is likely to continue. While DNR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DNR?

MarketClub looks at technical strength and momentum to determine if the timing is right for DNR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_DNR
Open High Low DNR Price Change
0.2243 0.2243 0.2000 0.2137 +0.0063
Entry Signal

MarketClub’s Trade Triangles for DNR

long term down The long-term trend has been DOWN since Feb 18th, 2020 at 0.920

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2020 at 1.270

short term down The short-term trend has been DOWN since Apr 8th, 2020 at 0.205

Smart Scan Analysis for DNR

Based on our trend formula, DNR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DNR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2243 0.2243 0.2000 0.2137 +0.0063
Prev. Close Volume Bid Ask Time
0.2058 17973683 2020-04-08 15:59:58
Year High6.75Year High Date2018-10-09
Year Low1.725Year Low Date2018-02-09
52wk High2.676352wk High Date2019-04-23
52wk Low0.19352wk Low Date2020-03-30
Year End Close16.2Average Volume19,559,889
Shares Outstanding506,383Short Interest21,166,700
% Institutional93.5Market Cap624M
Assets469,186,700MLiabilities327,960,800M
P/E Ratio0.5Beta2.3
Volatility108.27
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