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Dana Inc (DAN) Becoming More Attractive for Investors

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In a filing, Dana Inc revealed its VP & Chief Accounting Officer Kellett James D unloaded Company’s shares for reported $61040.0 on May 16 ’24. In the deal valued at $14.01 per share,4,357 shares were sold. As a result of this transaction, Kellett James D now holds 6,279 shares worth roughly $80999.1.

Wells Fargo upgraded its Dana Inc [DAN] rating to an Equal weight from a an Underweight in a research note published on January 27, 2025; the price target was increased to $16 from $10. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “a Buy”. Deutsche Bank also remained covering DAN and has increased its forecast on December 09, 2024 with a “Buy” recommendation from previously “Hold” rating. Exane BNP Paribas revised its rating on December 03, 2024. It rated DAN as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of DAN

On Monday, Dana Inc [NYSE:DAN] saw its stock fall -1.23% to $12.90. Over the last five days, the stock has gained 14.26%. Dana Inc shares have risen nearly 11.59% since the year began. Nevertheless, the stocks have risen 3.20% over the past one year. While a 52-week high of $16.90 was reached on 02/20/25, a 52-week low of $7.58 was recorded on 04/09/25. SMA at 50 days reached $13.55, while 200 days put it at $11.88.

Levels Of Support And Resistance For DAN Stock

The 24-hour chart illustrates a support level at 12.54, which if violated will result in even more drops to 12.17. On the upside, there is a resistance level at 13.27. A further resistance level may holdings at 13.64. The Relative Strength Index (RSI) on the 14-day chart is 53.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.99%. Stochastics %K at 93.45% indicates the stock is a selling.

How much short interest is there in Dana Inc?

A steep rise in short interest was recorded in Dana Inc stocks on 2025-04-15, growing by 0.51 million shares to a total of 5.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 5.36 million shares. There was a rise of 8.72%, which implies that there is a positive sentiment for the stock.

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