ENDAVA PLC- SPON ADR (DAVA) Technical Analysis
NYSE:DAVA • US29260V1052
Current stock price
DAVA Technical Rating and Analysis
Overall DAVA gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DAVA is a bad performer in the overall market: 95% of all stocks are doing better.
- DAVA is one of the lesser performing stocks in the IT Services industry. 80% of 88 stocks in the same industry do better.
- DAVA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DAVA is lagging the market.
- DAVA 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.
DAVA Weekly and Daily overview Charts
DAVA Setup Rating and Analysis
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.
More info and screens
DAVA Support and Resistance Analysis
4.48
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.65 to 4.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.09 from a trend line in the weekly time frame.
DAVA 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 | 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 | 5.06 | NEGATIVE | DAVA has a low relative strength, it was outperformed by 94.94% 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) | 41.96 | NEUTRAL | The RSI value for DAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DAVA has a positive trend. |
| Stochastics (14,3) | 29.94 | NEUTRAL | The Stochastics value for DAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for DAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.8 | NEUTRAL | The ADX value for DAVA suggests a possible start of a new trend. |
DAVA Chart- and CandleStick Pattern Analysis
DAVA Technicals: Chart, Performance Metrics, Trend & Indicators
4.53
+0.11 (+2.49%)
ENDAVA PLC- SPON ADR / DAVA TA FAQ
What is the technical rating for DAVA stock?
ChartMill assigns a technical rating of 0 / 10 to DAVA.
What is the trend direction for DAVA stock?
The current trend direction for ENDAVA PLC- SPON ADR (DAVA) is Bearish.
Can you provide the RSI signal for ENDAVA PLC- SPON ADR?
ENDAVA PLC- SPON ADR (DAVA) has an RSI value of 41.958. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENDAVA PLC- SPON ADR?
The MACD indicator for ENDAVA PLC- SPON ADR (DAVA) has a value of 0.0150563, indicating a bearish trend.
What is the buy/sell signal for ENDAVA PLC- SPON ADR (DAVA) stock?
The buy/sell signal for ENDAVA PLC- SPON ADR (DAVA) is sell as both the short term and long term trends are negative.