DAVE INC (DAVE) Stock Technical Analysis
NASDAQ:DAVE - US23834J2015 - Common Stock
195.59 USD
-9.2 (-4.49%)
195.59 USD
0 (0%)
Overall DAVE gets a technical rating of 7 out of 10. In the last year, DAVE was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, DAVE did better than 98% 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 54 other stocks in this industry. DAVE outperforms 98% of them.
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.
In the last month DAVE has a been trading in the 176.27 - 222.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DAVE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 183.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DAVE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
102.36
220.02
We found 2 important support areas.
- A support zone ranging from 183.01 to 183.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.39 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 197.44 to 204.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 211.27 to 213.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 217.20 to 217.84. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for DAVE is neutral. |
| ChartMill Relative Strength | 98.9 | POSITIVE | DAVE has a high relative strength, it outperformed 98.9% 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) | 44.46 | NEUTRAL | The RSI value for DAVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests DAVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.66 | NEUTRAL | The Stochastics value for DAVE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for DAVE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.13 | NEGATIVE | The low ADX value for DAVE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 204.10 | 183.99 | 20.11 (9.85%) | 10.15% |
| An entry @204.10. This is a Buy Stop order right above the resistance zone. | An exit @183.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 20.11 points, which is 9.85%. | When investing 10.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
195.59
-9.2 (-4.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-4.49%
1 Week-5.88%
2 Weeks3.9%
1 Month-0.27%
3 Month-11.72%
6 Month134.63%
12 Month468.74%
2 Year3054.68%
3 Year1603.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.3
ATR(20)%6.53%
ATR Inc4.64%
Range Today12.85
ADR(20)12.47
ADR(20)%6.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.9
Mansfield4.6
10 Day High222.48
10 Day Low184
20 Day High222.48
20 Day Low176.27
52 Week High286.45
52 Week Low31.75
CS1 End183.01
CR1 Start197.44
Volume & EV
DER(3)3.05%
DER(5)2.53%
Volume512.86K
Volume Incr-46.7%
Vol(5)347.05K
Vol(50)595.16K