The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dana Inc shares valued at $61,040 were sold by Kellett James D on May 16 ’24. At $14.01 per share, Kellett James D sold 4,357 shares. The insider’s holdings dropped to 6,279 shares worth approximately $0.1 million following the completion of this transaction.
As published in a research note from Wells Fargo on January 27, 2025, Dana Inc [DAN] has been rated up from an Underweight to an Equal weight and the price target has been revised to $16 from $10. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of December 09, 2024, Deutsche Bank has increased its “Hold” rating to a “Buy” for DAN. Earlier on December 03, 2024, Exane BNP Paribas upgraded its rating. Their new recommendation was “an Outperform” for DAN stock which previously was a “a Neutral”.
Analyzing DAN Stock Performance
During the last five days, there has been a drop of approximately -3.26%. Over the course of the year, Dana Inc shares have jumped approximately 38.75%. Shares of the company reached a 52-week high of $16.86 on 01/30/25 and a 52-week low of $11.02 on 01/03/25. A 50-day SMA is recorded $12.61, while a 200-day SMA reached $11.67. Nevertheless, trading volume fell to 1.48 million shares from 1.1 million shares the previous day.
Support And Resistance Levels for Dana Inc (DAN)
According to the 24-hour chart, there is a support level at 15.80, which, if violated, would cause prices to drop to 15.57. In the upper region, resistance lies at 16.21. The next price resistance is at 16.39. RSI (Relative Strength Index) is 73.34 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.77, which suggests the price will decrease in the coming days. Percent R is at 20.75%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
