DAVE INC -CW27 (DAVEW) Stock Technical Analysis
USA - NASDAQ:DAVEW -
We assign a technical rating of 9 out of 10 to DAVEW. In the last year, DAVEW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although DAVEW has an excellent technical rating, the quality of the presented setup is not ideal 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.
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0.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.96 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @1.41 from a horizontal line in the weekly time frame.
- Resistance @1.44 from a trend line in the daily time frame.
- Resistance @1.48 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for DAVEW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAVEW is neutral. |
| ChartMill Relative Strength | 99.88 | POSITIVE | DAVEW has a high relative strength, it outperformed 99.88% 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) | 53.73 | NEUTRAL | The RSI value for DAVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DAVEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.31 | NEUTRAL | The Stochastics value for DAVEW is a neutral value. |
| Average True Range in percent/ATR (20) | 11.08 | HIGH VOLATILITY | The high ATR as a percentage value for DAVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for DAVEW suggests a weak or negative trend. |
NASDAQ:DAVEW (10/31/2025, 8:00:01 PM)
1.31
+0.12 (+9.93%)
DAVE INC -CW27 / DAVEW FAQ
What is the technical rating for DAVEW stock?
ChartMill assigns a technical rating of 9 / 10 to DAVEW.
What is the current trend direction of DAVE INC -CW27 (DAVEW) stock?
The current trend direction for DAVE INC -CW27 (DAVEW) is Bearish.
What is the RSI signal for DAVEW stock?
DAVE INC -CW27 (DAVEW) has an RSI value of 53.73. This indicates that the stock is currently neutral.
What are the support and resistance levels for DAVE INC -CW27 (DAVEW) stock?
DAVE INC -CW27 (DAVEW) has a support level at 1.19 and a resistance level at 1.41. Check the full technical report for our detailed analysis of DAVEW support and resistance levels.