DAVE INC (DAVE) Stock Technical Analysis
NASDAQ:DAVE - Nasdaq - US23834J2015 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to DAVE. In the last year, DAVE was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month DAVE has a been trading in the 179.00 - 249.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, DAVE did better than 99% of all other stocks. We also observe that the gains produced by DAVE over the past year are nicely spread over this period.
DAVE is part of the Consumer Finance industry. There are 53 other stocks in this industry. DAVE outperforms 98% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
DAVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DAVE is lagging the market.
DAVE has an average technical rating and it also does not offer a high 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
96.49
240.99
We found 1 important support area.
- A support zone ranging from 97.46 to 98.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @238.60 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 | UP | POSITIVE | The long term trend for DAVE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAVE is down. |
| ChartMill Relative Strength | 99.05 | POSITIVE | DAVE has a high relative strength, it outperformed 99.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAVE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAVE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.33 | NEUTRAL | The RSI value for DAVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.7 | NEGATIVE | The MACD value suggests DAVE has a negative trend. |
| Stochastics (14,3) | 15.76 | OVERSOLD | The low Stochastics value suggests DAVE may be oversold. |
| Average True Range in percent/ATR (20) | 10.5 | HIGH VOLATILITY | The high ATR as a percentage value for DAVE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for DAVE 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)
183.02
-8.37 (-4.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-4.37%
1 Week-21.36%
2 Weeks-13.1%
1 Month-9.69%
3 Month9.45%
6 Month77.66%
12 Month499.48%
2 Year2276.88%
3 Year1010.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)18.3
ATR(20)%10.5%
ATR Inc-14.84%
Range Today12.92
ADR(20)18.78
ADR(20)%10.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.05
Mansfield5.33
10 Day High249.9
10 Day Low179
20 Day High249.9
20 Day Low179
52 Week High286.45
52 Week Low30.2
CS1 End98.74
CR1 Start238.6
Volume & EV
DER(3)-3.1%
DER(5)-4.08%
Volume791.10K
Volume Incr83.73%
Vol(5)1.14M
Vol(50)601.61K