DAVE INC -CW27 (DAVEW) Stock Technical Analysis
NASDAQ:DAVEW - Nasdaq - - Currency: USD
Overall DAVEW gets a technical rating of 9 out of 10. 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.
In the last month DAVEW has a been trading in the 0.84 - 2.73 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.
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!
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.
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.
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.
More info and screens
1.34
1.42
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.39 to 1.41. 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 | NEUTRAL | NEUTRAL | The short term trend for DAVEW is neutral. |
| 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) | UP | MIXED | The current price of DAVEW is below 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) | 50.99 | NEUTRAL | The RSI value for DAVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DAVEW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.71 | OVERSOLD | The low Stochastics value suggests DAVEW may be oversold. |
| Average True Range in percent/ATR (20) | 23.38 | HIGH VOLATILITY | The high ATR as a percentage value for DAVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 35.5 | 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)
1.35
-0.05 (-3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.57%
1 Week-13.04%
2 Weeks-31.37%
1 Month35.92%
3 Month748.49%
6 Month832.71%
12 Month3408.77%
2 Year4505.26%
3 Year892.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%23.38%
ATR Inc-29.37%
Range Today0.11
ADR(20)0.3
ADR(20)%22.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.93
Mansfield29.53
10 Day High2.73
10 Day Low1.05
20 Day High2.73
20 Day Low0.84
52 Week High2.73
52 Week Low0.02
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.83%
DER(5)-6.98%
Volume23.96K
Volume Incr-6.95%
Vol(5)110.84K
Vol(50)149.44K