ENDAVA PLC- SPON ADR (DAVA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DAVA - US29260V1052 - ADR
Overall DAVA gets a technical rating of 0 out of 10. DAVA'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.
DAVA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.11, a Stop Loss order could be placed below this zone.
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5.98
When analyzing the support we notice one important area.
- A support zone ranging from 6.04 to 6.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.75 to 6.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.01 from a trend line in the daily time frame.
- Resistance @8.13 from a trend 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 DAVA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAVA is down. |
| ChartMill Relative Strength | 3.5 | NEGATIVE | DAVA has a low relative strength, it was outperformed by 96.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DAVA is above 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) | 43.29 | NEUTRAL | The RSI value for DAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests DAVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.7 | NEUTRAL | The Stochastics value for DAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for DAVA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.55 | POSITIVE | The high ADX value value for DAVA suggests a strong trend. |
6.64
+0.05 (+0.76%)
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 43.2872. 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 0.139746, indicating a bearish trend.
Can you provide the support and resistance levels for ENDAVA PLC- SPON ADR?
ENDAVA PLC- SPON ADR (DAVA) has a support level at 6.11 and a resistance level at 6.75. Check the full technical report for our detailed analysis of DAVA support and resistance levels.