DAVIDSTEA INC (DTEA) Stock Technical Analysis
NASDAQ:DTEA - Nasdaq - CA2386611024 - Common Stock - Currency: USD
Taking everything into account, DTEA scores 0 out of 10 in our technical rating. DTEA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DTEA is a bad performer in the overall market: 97% of all stocks are doing better.
DTEA is one of the lesser performing stocks in the Specialty Retail industry. 88% of 121 stocks in the same industry do better.
DTEA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DTEA is lagging the market.
In the last month DTEA has a been trading in the 0.42 - 0.83 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DTEA has a poor technical rating and the quality of the setup is also not perfect 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
0.51
0.83
We can see 4 important resistance areas.
- Resistance @0.54 from a horizontal line in the daily time frame.
- Resistance @0.67 from a trend line in the weekly time frame.
- Resistance @0.69 from a trend line in the daily time frame.
- A resistance zone ranging from 0.82 to 0.82. 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 | DOWN | NEGATIVE | The long term trend for DTEA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DTEA is down. |
| ChartMill Relative Strength | 3.85 | NEGATIVE | DTEA has a low relative strength, it was outperformed by 96.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DTEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DTEA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DTEA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.13 | NEUTRAL | The RSI value for DTEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DTEA has a positive trend. |
| Stochastics (14,3) | 25.41 | NEUTRAL | The Stochastics value for DTEA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.04 | HIGH VOLATILITY | The high ATR as a percentage value for DTEA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.61 | POSITIVE | The high ADX value value for DTEA 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)
0.52
-0.01 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.89%
1 Week15.56%
2 Weeks4.35%
1 Month-34.19%
3 Month-47.49%
6 Month-50%
12 Month-80%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%13.04%
ATR Inc29.08%
Range Today0.05
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
CRS3.85
Mansfield-5.81
10 Day High0.55
10 Day Low0.42
20 Day High0.83
20 Day Low0.42
52 Week High2.7
52 Week Low0.42
CS1 EndN/A
CR1 Start0.54
Volume & EV
DER(3)-15.24%
DER(5)-12.63%
Volume190.30K
Volume Incr134.43%
Vol(5)137.12K
Vol(50)48.69K