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Stock Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Denbury Resources, Inc (NYSE:DNR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low DNR Price Change
0.9990 1.0000 0.9600 0.9733 -0.0067
Entry Signal

MarketClub’s Trade Triangles for DNR

long term up The long term trend has been UP since Jan 3rd, 2020 at 1.53

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2020 at 1.27

short term down The short term trend has been DOWN since Feb 10th, 2020 at 0.97

Smart Scan Analysis for DNR

Based on a pre-defined weighted trend formula for chart analysis, DNR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for DNR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9990 1.0000 0.9600 0.9733 -0.0067
Prev. Close Volume Bid Ask Time
1.2400 8409919 2020-02-14 15:59:51
Year High6.75Year High Date2018-10-09
Year Low1.725Year Low Date2018-02-09
52wk High2.676352wk High Date2019-04-23
52wk Low0.86552wk Low Date2019-08-07
Year End Close16.2Average Volume14,961,003
Shares Outstanding483,262Short Interest21,166,700
% Institutional93.5Market Cap624M
P/E Ratio1.6Beta2.3
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