ENDAVA PLC- SPON ADR (DAVA) Stock Technical Analysis
NYSE:DAVA - New York Stock Exchange, Inc. - US29260V1052 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to DAVA. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than DAVA.
DAVA is one of the lesser performing stocks in the IT Services industry. 83% of 82 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DAVA has a been trading in the 13.39 - 17.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
14.55
33.78
4 important resistance areas can be observed.
- A resistance zone ranging from 15.01 to 15.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.06 from a trend line in the weekly time frame.
- Resistance @20.85 from a trend line in the daily time frame.
- Resistance @33.45 from a horizontal line in the weekly 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 | 6.03 | NEGATIVE | DAVA has a low relative strength, it was outperformed by 93.97% 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) | -0.05 | NEGATIVE | The MACD value suggests DAVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.08 | NEUTRAL | The Stochastics value for DAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for DAVA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for DAVA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
14.7
-0.06 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.41%
1 Week-1.67%
2 Weeks-13.22%
1 Month-2.39%
3 Month-26.2%
6 Month-51.8%
12 Month-49.73%
2 Year-71.62%
3 Year-83.35%
5 Year-69.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%4.7%
ATR Inc-4.24%
Range Today0.36
ADR(20)0.65
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.03
Mansfield-4.53
10 Day High17.09
10 Day Low13.39
20 Day High17.36
20 Day Low13.39
52 Week High34.94
52 Week Low13.39
CS1 EndN/A
CR1 Start15.01
Volume & EV
DER(3)1.16%
DER(5)-2.29%
Volume490.47K
Volume Incr-5.61%
Vol(5)930.06K
Vol(50)963.57K