DARE BIOSCIENCE INC (DARE) Stock Technical Analysis
NASDAQ:DARE • US23666P2002
Overall DARE gets a technical rating of 0 out of 10. DARE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than DARE.
- DARE is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 64% are performing better than DARE.
- DARE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- DARE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
DARE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.64, a Stop Loss order could be placed below this zone.
More info and screens
1.60
We found 1 important support area.
- A support zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.70 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.95 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for DARE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DARE is down. |
| ChartMill Relative Strength | 12.45 | NEGATIVE | DARE has a low relative strength, it was outperformed by 87.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DARE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DARE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DARE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.62 | 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. |
| Stochastics (14,3) | 45.19 | NEUTRAL | The Stochastics value for DARE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for DARE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for DARE suggests a weak or negative trend. |
1.7
+0.03 (+1.8%)
DARE BIOSCIENCE INC / DARE FAQ
Can you provide the ChartMill technical rating for DARE BIOSCIENCE INC?
ChartMill assigns a technical rating of 0 / 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 BIOSCIENCE INC (DARE) stock?
DARE BIOSCIENCE INC (DARE) has an RSI value of 43.6198. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DARE BIOSCIENCE INC?
The short term momentum for DARE BIOSCIENCE INC (DARE) is negative.
What is the buy/sell signal for DARE stock?
The buy/sell signal for DARE BIOSCIENCE INC (DARE) is sell as both the short term and long term trends are negative.