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 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.
92% of all other stocks performed better in the past year than DAVA.
DAVA is part of the IT Services industry. There are 82 other stocks in this industry, of which 79% are performing better than DAVA.
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.
In the last month DAVA has a been trading in the 14.00 - 21.81 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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
16.12
33.78
4 important resistance areas can be observed.
- A resistance zone ranging from 16.29 to 16.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.04 from a trend line in the daily time frame.
- A resistance zone ranging from 21.15 to 21.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 8.69 | NEGATIVE | DAVA has a low relative strength, it was outperformed by 91.31% 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) | 47.96 | 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. |
| Stochastics (14,3) | 45.91 | NEUTRAL | The Stochastics value for DAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.18 | HIGH VOLATILITY | The high ATR as a percentage value for DAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.5 | NEUTRAL | The ADX value for DAVA suggests a possible start of a new 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)
16.28
+0.84 (+5.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg5.44%
1 Week10.07%
2 Weeks8.17%
1 Month-13.27%
3 Month-29.55%
6 Month-45.82%
12 Month-37.96%
2 Year-68.57%
3 Year-81.56%
5 Year-66.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%7.18%
ATR Inc-10.34%
Range Today1.04
ADR(20)0.95
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.69
Mansfield-4.04
10 Day High16.54
10 Day Low14
20 Day High21.81
20 Day Low14
52 Week High34.94
52 Week Low14
CS1 EndN/A
CR1 Start16.29
Volume & EV
DER(3)6.74%
DER(5)6.49%
Volume1.01M
Volume Incr9.22%
Vol(5)1.36M
Vol(50)878.35K