Dova Pharmaceuticals Inc. (DOVA) Stock Technical Analysis
NASDAQ:DOVA - Nasdaq -
We assign a technical rating of 9 out of 10 to DOVA. Both in the recent history as in the last year, DOVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DOVA is one of the better performing stocks in the market, outperforming 98% of all stocks.
DOVA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DOVA is leading the market.
In the last month DOVA has a been trading in a tight range between 27.93 and 28.54.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, DOVA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 28.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DOVA in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.48
28.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.98 to 28.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.54 from a trend line in the daily time frame.
- Support @17.66 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.14 to 28.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.83
Mansfield9.14
10 Day High28.54
10 Day Low27.93
20 Day High28.54
20 Day Low27.93
52 Week High28.54
52 Week Low5.62
Performance
1 Week-0.07%
2 Weeks-0.85%
1 Month-0.25%
3 Month93.11%
6 Month160.6%
12 Month80.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.39
RSI(14)69.39
LBB27.86
UBB28.51
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 |
|---|---|---|---|
| 28.15 | 27.97 | 0.18 (0.64%) | 25.00% |
| An entry @28.15. This is a Buy Stop order right above the 10 day moving average. | An exit @27.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 0.64%. | For a 0.16% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DOVA. Please evaluate whether better entry and exit points can be found.
- 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.
28.04
+0.04 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week-0.07%
2 Weeks-0.85%
1 Month-0.25%
3 Month93.11%
6 Month160.6%
12 Month80.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.76%
ATR Inc-20.5%
Range Today0.19
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.83
Mansfield9.14
10 Day High28.54
10 Day Low27.93
20 Day High28.54
20 Day Low27.93
52 Week High28.54
52 Week Low5.62
CS1 End28.03
CR1 Start28.14
Volume & EV
DER(3)4.16%
DER(5)2.51%
Volume1.49M
Volume Incr415.96%
Vol(5)1.27M
Vol(50)707.53K