DAVE INC -CW27 (DAVEW) Stock Technical Analysis
NASDAQ:DAVEW -
1.24 USD
-0.04 (-3.12%)
Overall DAVEW gets a technical rating of 7 out of 10. In the last year, DAVEW was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month DAVEW has a been trading in the 1.15 - 1.90 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.
When comparing the yearly performance of all stocks, we notice that DAVEW is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by DAVEW over the past year are nicely spread over this period.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
DAVEW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DAVEW is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although DAVEW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.21
1.65
When analyzing the support we notice one important area.
- A support zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.63 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 DAVEW is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAVEW is down. |
| ChartMill Relative Strength | 99.93 | POSITIVE | DAVEW has a high relative strength, it outperformed 99.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAVEW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DAVEW is below 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) | 43.02 | NEUTRAL | The RSI value for DAVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DAVEW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.22 | OVERSOLD | The low Stochastics value suggests DAVEW may be oversold. |
| Average True Range in percent/ATR (20) | 15.83 | HIGH VOLATILITY | The high ATR as a percentage value for DAVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for DAVEW 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)
NASDAQ:DAVEW (8/22/2025, 8:01:46 PM)
1.24
-0.04 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.12%
1 Week-6.06%
2 Weeks-4.62%
1 Month-15.63%
3 Month53.09%
6 Month320.34%
12 Month3657.58%
2 Year4075.08%
3 Year1469.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%15.83%
ATR Inc-37.99%
Range Today0.17
ADR(20)0.19
ADR(20)%14.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.93
Mansfield15.07
10 Day High1.5
10 Day Low1.15
20 Day High1.9
20 Day Low1.15
52 Week High2.73
52 Week Low0.03
CS1 End1.23
CR1 Start1.31
Volume & EV
DER(3)-9.51%
DER(5)-12.16%
Volume111.30K
Volume Incr-10.18%
Vol(5)51.48K
Vol(50)87.17K