DAVIDSTEA INC (DTEA) Technical Analysis
NASDAQ:DTEA • CA2386611024
Current stock price
DTEA Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than DTEA.
- DTEA is part of the Specialty Retail industry. There are 123 other stocks in this industry, of which 86% are performing better than DTEA.
- DTEA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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 Weekly and Daily overview Charts
DTEA Setup Rating and Analysis
DTEA has a poor technical rating and the quality of the setup is also only medium 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
DTEA Support and Resistance Analysis
0.51
When analyzing the resistance we notice 4 important 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.
DTEA 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 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. |
DTEA Chart- and CandleStick Pattern Analysis
DTEA Technicals: Chart, Performance Metrics, Trend & Indicators
0.52
-0.01 (-1.89%)
DAVIDSTEA INC / DTEA TA FAQ
What is the technical rating for DTEA stock?
ChartMill assigns a technical rating of 0 / 10 to DTEA.
Can you provide the trend direction for DAVIDSTEA INC?
The current trend direction for DAVIDSTEA INC (DTEA) is Bearish.
What is the RSI signal for DAVIDSTEA INC (DTEA) stock?
DAVIDSTEA INC (DTEA) has an RSI value of 40.126. This indicates that the stock is currently neutral.
What is the short term momentum for DTEA stock?
The short term momentum for DAVIDSTEA INC (DTEA) is negative.
Can you provide the buy/sell signal for DAVIDSTEA INC?
The buy/sell signal for DAVIDSTEA INC (DTEA) is sell as both the short term and long term trends are negative.