BIT:DNR - Euronext Milan - IT0005186371 - Common Stock - Currency: EUR
Taking everything into account, DNR scores 6 out of 10 in our technical rating. DNR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, DNR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.31, a Stop Loss order could be placed below this zone.
6.83
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
9.39 | 9.16 | 0.23 (2.45%) | 25.00% |
An entry @9.39. This is a Buy Stop order right above the resistance zone. | An exit @9.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.23 points, which is 2.45%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:DNR (3/7/2025, 7:00:00 PM)
9.325
-0.06 (-0.59%)