DAVIDSTEA INC (DTEA.CA) Stock Technical Analysis
TSX-V:DTEA - CA2386611024 - Common Stock
1.02 CAD
+0.01 (+0.99%)
Overall DTEA gets a technical rating of 6 out of 10. In the last year, DTEA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month DTEA has a been trading in the 1.01 - 1.16 range, which is quite wide. It is currently trading near the lows of this range.
Warning: DTEA has an average volume of 23133 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, DTEA did better than 98% of all other stocks. We also observe that the gains produced by DTEA over the past year are nicely spread over this period.
DTEA is part of the Specialty Retail industry. There are 17 other stocks in this industry. DTEA outperforms 100% of them.
DTEA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DTEA is lagging the market slightly.
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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, DTEA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DTEA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.74
1.16
We found 3 important support areas.
- A support zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.81 from a trend line in the weekly time frame.
- A support zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.10 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.14 to 1.15. 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 DTEA.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DTEA.CA is down. |
| ChartMill Relative Strength | 98.39 | POSITIVE | DTEA.CA has a high relative strength, it outperformed 98.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DTEA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DTEA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTEA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.89 | NEUTRAL | The RSI value for DTEA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DTEA.CA has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests DTEA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for DTEA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.82 | NEGATIVE | The low ADX value for DTEA.CA 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)
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 |
|---|---|---|---|
| 1.07 | 1.00 | 0.07 (6.54%) | 15.29% |
| An entry @1.07. This is a Buy Stop order right above the resistance zone. | An exit @1.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 6.54%. | For a 1.00% total portfolio risk, you can invest 15.29% of your capital in this trade. |
- 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.
TSX-V:DTEA (8/29/2025, 7:00:00 PM)
1.02
+0.01 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.99%
1 Week-5.56%
2 Weeks-0.97%
1 Month-7.27%
3 Month6.25%
6 Month22.89%
12 Month537.5%
2 Year117.02%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.61%
ATR Inc-41.67%
Range Today0.02
ADR(20)0.04
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.39
Mansfield2.46
10 Day High1.08
10 Day Low1.01
20 Day High1.16
20 Day Low1.01
52 Week High1.3
52 Week Low0.13
CS1 End1.01
CR1 Start1.06
Volume & EV
DER(3)1163.19%
DER(5)739.58%
Volume4.80K
Volume Incr-83.9%
Vol(5)4.73K
Vol(50)23.13K