DYNAVAX TECHNOLOGIES CORP (DVAX) Stock Technical Analysis
NASDAQ:DVAX - Nasdaq - US2681582019 - Common Stock - Currency: USD
Overall DVAX gets a technical rating of 1 out of 10. DVAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DVAX is a bad performer in the overall market: 86% of all stocks are doing better.
DVAX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DVAX is lagging the market.
DVAX has an average volume of 2374780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DVAX is an average performer in the Biotechnology industry, it outperforms 52% of 557 stocks in the same industry.
In the last month DVAX has a been trading in the 9.49 - 10.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, DVAX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.40, a Stop Loss order could be placed below this zone.
More info and screens
9.30
14.97
We found 1 important support area.
- A support zone ranging from 9.39 to 9.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.22 to 10.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.82 from a horizontal line in the weekly time frame.
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 DVAX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DVAX is neutral. |
| ChartMill Relative Strength | 14.69 | NEGATIVE | DVAX has a low relative strength, it was outperformed by 85.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DVAX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DVAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DVAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46 | NEUTRAL | The RSI value for DVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DVAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.7 | NEUTRAL | The Stochastics value for DVAX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for DVAX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for DVAX 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)
9.99
-0.31 (-3.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.01%
1 Week-3.94%
2 Weeks0.4%
1 Month0.91%
3 Month-27.71%
6 Month-21.46%
12 Month-12.6%
2 Year-22.68%
3 Year-20.65%
5 Year12.63%
10 Year-57.34%
15 Year-46.29%
Volatility
ATR(14)0.36
ATR(20)%3.33%
ATR Inc98.54%
Range Today0.47
ADR(20)0.33
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.69
Mansfield-1.78
10 Day High10.68
10 Day Low9.89
20 Day High10.68
20 Day Low9.49
52 Week High14.63
52 Week Low9.22
CS1 End9.4
CR1 Start10.22
Volume & EV
DER(3)-0.85%
DER(5)-1.3%
Volume5.23M
Volume Incr60.04%
Vol(5)2.60M
Vol(50)2.37M