ENDAVA PLC- SPON ADR (DAVA) Stock Technical Analysis
USA - NYSE:DAVA - US29260V1052 - ADR
We assign a technical rating of 0 out of 10 to DAVA. DAVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of DAVA is bad and it also does not present a 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.
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6.24
We can see 2 important resistance areas.
- Resistance @8.22 from a trend line in the daily time frame.
- A resistance zone ranging from 8.48 to 8.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 DAVA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAVA is down. |
| ChartMill Relative Strength | 2.2 | NEGATIVE | DAVA has a low relative strength, it was outperformed by 97.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DAVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.44 | NEUTRAL | The RSI value for DAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests DAVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.69 | OVERSOLD | The low Stochastics value suggests DAVA may be oversold. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for DAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.63 | POSITIVE | The high ADX value value for DAVA suggests a strong trend. |
6.3
+0.19 (+3.11%)
ENDAVA PLC- SPON ADR / DAVA FAQ
What is the technical rating for DAVA stock?
ChartMill assigns a technical rating of 0 / 10 to DAVA.
Can you provide the trend direction for ENDAVA PLC- SPON ADR?
The current trend direction for ENDAVA PLC- SPON ADR (DAVA) is Bearish.
What is the RSI signal for ENDAVA PLC- SPON ADR (DAVA) stock?
ENDAVA PLC- SPON ADR (DAVA) has an RSI value of 30.4406. This indicates that the stock is currently neutral.
What is the MACD signal for ENDAVA PLC- SPON ADR (DAVA) stock?
The MACD indicator for ENDAVA PLC- SPON ADR (DAVA) has a value of -0.198062, indicating a bearish trend.
Can you provide the support and resistance levels for ENDAVA PLC- SPON ADR?
ENDAVA PLC- SPON ADR (DAVA) has a resistance level at 8.22. Check the full technical report for our detailed analysis of DAVA support and resistance levels.