DAVE INC -CW27 (DAVEW) Stock Technical Analysis
NASDAQ:DAVEW - Nasdaq - - Currency: USD
We assign a technical rating of 10 out of 10 to DAVEW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAVEW is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DAVEW did better than 99% of all other stocks. We also observe that the gains produced by DAVEW over the past year are nicely spread over this period.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DAVEW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DAVEW is lagging the market slightly.
In the last month DAVEW has a been trading in the 0.20 - 1.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DAVEW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for DAVEW 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
0.76
0.91
We found 1 important support area.
- A support zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DAVEW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAVEW is up. |
| ChartMill Relative Strength | 99.94 | POSITIVE | DAVEW has a high relative strength, it outperformed 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAVEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAVEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAVEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.9 | NEUTRAL | The RSI value for DAVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DAVEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.76 | NEUTRAL | The Stochastics value for DAVEW is a neutral value. |
| Average True Range in percent/ATR (20) | 19.7 | HIGH VOLATILITY | The high ATR as a percentage value for DAVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 60.57 | POSITIVE | The high ADX value value for DAVEW suggests a strong 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 |
|---|---|---|---|
| 1.33 | 0.76 | 0.57 (42.86%) | 2.33% |
| An entry @1.33. This is a Buy Stop order right above the 10 day high. | An exit @0.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 42.86%. | When investing 2.33% 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.
NASDAQ:DAVEW (6/2/2025, 8:00:01 PM)
0.9
+0.13 (+16.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg16.43%
1 Week11.11%
2 Weeks21.65%
1 Month369.73%
3 Month429.1%
6 Month351.81%
12 Month2619.03%
2 Year2803.23%
3 Year958.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%19.7%
ATR Inc6.63%
Range Today0.19
ADR(20)0.17
ADR(20)%19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.94
Mansfield39.38
10 Day High1.32
10 Day Low0.62
20 Day High1.32
20 Day Low0.2
52 Week High1.32
52 Week Low0.02
CS1 End0.77
CR1 StartN/A
Volume & EV
DER(3)-4.01%
DER(5)4.44%
Volume97.10K
Volume Incr-13.24%
Vol(5)151.06K
Vol(50)91.17K