DARE BIOSCIENCE INC (DARE) Technical Analysis
NASDAQ:DARE • US23666P2002
Current stock price
DARE Technical Rating and Analysis
Overall DARE gets a technical rating of 6 out of 10. DARE 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.
- When comparing the yearly performance of all stocks, DARE is a bad performer in the overall market: 81% of all stocks are doing better.
- DARE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- DARE is an average performer in the Pharmaceuticals industry, it outperforms 41% of 191 stocks in the same industry.
- In the last month DARE has a been trading in the 1.49 - 3.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
DARE Weekly and Daily overview Charts
DARE Setup Rating and Analysis
DARE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DARE Support and Resistance Analysis
1.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.10 to 2.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.96 from a trend line in the daily time frame.
DARE Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DARE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DARE is up. |
| ChartMill Relative Strength | 19.69 | NEGATIVE | DARE has a low relative strength, it was outperformed by 80.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DARE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DARE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DARE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.3 | NEUTRAL | The RSI value for DARE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DARE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.53 | NEUTRAL | The Stochastics value for DARE is a neutral value. |
| Average True Range in percent/ATR (20) | 12.58 | HIGH VOLATILITY | The high ATR as a percentage value for DARE suggests high volalility. |
| Average Directional Index/ADX (14) | 41.83 | POSITIVE | The high ADX value value for DARE suggests a strong trend. |
DARE Chart- and CandleStick Pattern Analysis
DARE Technicals: Chart, Performance Metrics, Trend & Indicators
2.11
-0.01 (-0.47%)
DARE BIOSCIENCE INC / DARE TA FAQ
Can you provide the ChartMill technical rating for DARE BIOSCIENCE INC?
ChartMill assigns a technical rating of 6 / 10 to DARE.
Can you provide the trend direction for DARE BIOSCIENCE INC?
The current trend direction for DARE BIOSCIENCE INC (DARE) is Bearish.
What is the RSI signal for DARE stock?
DARE BIOSCIENCE INC (DARE) has an RSI value of 53.3044. This indicates that the stock is currently neutral.
What is the MACD signal for DARE BIOSCIENCE INC (DARE) stock?
The MACD indicator for DARE BIOSCIENCE INC (DARE) has a value of 0.00856156, indicating a bearish trend.
What is the short term momentum for DARE stock?
The short term momentum for DARE BIOSCIENCE INC (DARE) is positive.