DAVE INC -CW27 (DAVEW) Technical Analysis
NASDAQ:DAVEW
Current stock price
DAVEW Technical Rating and Analysis
Taking everything into account, DAVEW scores 3 out of 10 in our technical rating. Although DAVEW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- DAVEW is currently trading in the lower part 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.
- In the last month DAVEW has a been trading in the 0.30 - 0.67 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.
- Warning: DAVEW has an average volume of 18370 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that DAVEW is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Considerably lower volume is observed in the last couple of days.
DAVEW Weekly and Daily overview Charts
DAVEW Setup Rating and Analysis
The technical rating of DAVEW is bad and it also does not present a 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
DAVEW Support and Resistance Analysis
0.32
We found 1 important support area.
- Support @0.32 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @0.43 from a trend line in the weekly time frame.
- Resistance @0.48 from a horizontal line in the daily time frame.
- Resistance @0.64 from a trend line in the daily time frame.
- A resistance zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.85 from a trend line in the weekly time frame.
DAVEW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for DAVEW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAVEW is down. |
| ChartMill Relative Strength | 95.38 | POSITIVE | DAVEW has a high relative strength, it outperformed 95.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DAVEW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAVEW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DAVEW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.61 | NEUTRAL | The RSI value for DAVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DAVEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.29 | NEUTRAL | The Stochastics value for DAVEW is a neutral value. |
| Average True Range in percent/ATR (20) | 18.5 | HIGH VOLATILITY | The high ATR as a percentage value for DAVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for DAVEW suggests a possible start of a new trend. |
DAVEW Chart- and CandleStick Pattern Analysis
DAVEW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:DAVEW (3/19/2026, 10:36:02 AM)
0.4105
-0.09 (-17.9%)
DAVE INC -CW27 / DAVEW TA FAQ
What is the technical rating for DAVEW stock?
ChartMill assigns a technical rating of 3 / 10 to DAVEW.
What is the trend direction for 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 47.6076. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DAVE INC -CW27?
The MACD indicator for DAVE INC -CW27 (DAVEW) has a value of 0.00132948, indicating a bearish trend.
Can you provide the buy/sell signal for DAVE INC -CW27?
The buy/sell signal for DAVE INC -CW27 (DAVEW) is sell as both the short term and long term trends are negative.