Technical Analysis for DEN - Denbury Inc.

Grade Last Price % Change Price Change
A 31.15 6.75% 1.97
DEN closed up 6.75 percent on Friday, January 22, 2021, on 1.77 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Up
Historical DEN trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Older End-of-Day Signals for DEN ...

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Profile

Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. It holds interests in various oil and natural gas properties located in Mississippi, Texas, and Louisiana in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2019, the company had 230.2 million barrels of oil equivalent of estimated proved oil and natural gas reserves. Denbury Resources Inc. was incorporated in 2003 and is headquartered in Plano, Texas. On July 30, 2020, Denbury Resources Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Oil Equivalent Natural Gas Properties Bankruptcy Gas Reserves Ptc Natural Gas Reserves Proved Oil Linn Energy

Is DEN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 31.49
52 Week Low 15.96
Average Volume 519,973
200-Day Moving Average 0.00
50-Day Moving Average 24.45
20-Day Moving Average 27.45
10-Day Moving Average 28.46
Average True Range 1.66
ADX 37.77
+DI 28.39
-DI 10.16
Chandelier Exit (Long, 3 ATRs ) 26.51
Chandelier Exit (Short, 3 ATRs ) 28.99
Upper Bollinger Band 30.75
Lower Bollinger Band 24.15
Percent B (%b) 1.06
BandWidth 24.04
MACD Line 1.40
MACD Signal Line 1.31
MACD Histogram 0.0852
Fundamentals Value
Market Cap 1.56 Billion
Num Shares 50 Million
EPS -1.07
Price-to-Earnings (P/E) Ratio -28.99
Price-to-Sales 13.90
Price-to-Book 1.02
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.36
Resistance 3 (R3) 35.89 33.69 35.49
Resistance 2 (R2) 33.69 32.36 33.92 35.20
Resistance 1 (R1) 32.42 31.55 33.06 32.89 34.91
Pivot Point 30.22 30.22 30.54 30.45 30.22
Support 1 (S1) 28.95 28.89 29.59 29.42 27.39
Support 2 (S2) 26.75 28.08 26.98 27.10
Support 3 (S3) 25.48 26.75 26.81
Support 4 (S4) 25.95