We assign a technical rating of 0 out of 10 to DARE. 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.
Although the technical rating is bad, DARE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DARE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.80
We found 1 important support area.
- A support zone ranging from 1.82 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.40 from a trend line in the weekly time frame.
- Resistance @3.18 from a horizontal line in the daily time frame.
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 | 11.7 | NEGATIVE | DARE has a low relative strength, it was outperformed by 88.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DARE is above 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) | 47.72 | 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) | 49.17 | NEUTRAL | The Stochastics value for DARE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for DARE suggests high volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for DARE suggests a weak or negative trend. |
1.84
+0.03 (+1.66%)
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.
What is the current trend direction of DARE BIOSCIENCE INC (DARE) stock?
The current trend direction for DARE BIOSCIENCE INC (DARE) is Bearish.
Can you provide the RSI signal for DARE BIOSCIENCE INC?
DARE BIOSCIENCE INC (DARE) has an RSI value of 47.7175. This indicates that the stock is currently neutral.
What is the MACD signal for DARE stock?
The MACD indicator for DARE BIOSCIENCE INC (DARE) has a value of 0.00950174, indicating a bearish trend.
What are the support and resistance levels for DARE BIOSCIENCE INC (DARE) stock?
DARE BIOSCIENCE INC (DARE) has a support level at 1.84 and a resistance level at 1.98. Check the full technical report for our detailed analysis of DARE support and resistance levels.