Denbury Resources Stock Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Denbury Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Denbury Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Denbury Resources Technical Analysis

Denbury Resources Trend Analysis

Use this graph to draw trend lines for Denbury Resources. You can use it to identify possible trend reversals for Denbury Resources as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Denbury Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Denbury Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Denbury Resources applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that the returns on investment in Denbury Resources will continue to fail. It has 122 observation points and a regression sum of squares at 5.09, which is the sum of squared deviations for the predicted Denbury Resources price change compared to its average price change.

Most technical analysis of Denbury help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Denbury from various momentum indicators to cycle indicators. When you analyze Denbury charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Denbury Resources information on this page should be used as a complementary analysis to other Denbury Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

If you are still planning to invest in Denbury Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Denbury Resources' history and understand the potential risks before investing.