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.
MarketClub’s Trade Triangles for DNR
The long-term trend has been DOWN since Feb 18th, 2020 at 0.920
The intermediate-term trend has been DOWN since Jan 10th, 2020 at 1.270
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).
|Year High||6.75||Year High Date||2018-10-09|
|Year Low||1.725||Year Low Date||2018-02-09|
|52wk High||2.6763||52wk High Date||2019-04-23|
|52wk Low||0.193||52wk Low Date||2020-03-30|
|Year End Close||16.2||Average Volume||19,559,889|
|Shares Outstanding||506,383||Short Interest||21,166,700|
|% Institutional||93.5||Market Cap||624M|