DYNAVAX TECHNOLOGIES CORP (DVAX) Stock Technical Analysis
USA - NASDAQ:DVAX - US2681582019 - Common Stock
10.1 USD
0 (0%)
10.1 USD
0 (0%)
We assign a technical rating of 2 out of 10 to DVAX. In the past year, DVAX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
77% of all other stocks performed better in the past year than DVAX.
DVAX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DVAX has a been trading in the 9.20 - 10.35 range, which is quite wide. It is currently trading near the high of this range.
DVAX has an average volume of 1733000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DVAX is part of the Biotechnology industry. There are 536 other stocks in this industry, DVAX did better than 43% of them.
DVAX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.17. Right above this resistance zone may be a good entry point.
More info and screens
9.26
14.89
When analyzing the support we notice one important area.
- A support zone ranging from 9.35 to 9.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.17 to 10.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.04 from a trend line in the daily time frame.
- A resistance zone ranging from 11.37 to 11.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.74 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 | UP | POSITIVE | The short term trend for DVAX is up. |
| ChartMill Relative Strength | 23.22 | NEGATIVE | DVAX has a low relative strength, it was outperformed by 76.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DVAX is above 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) | 52.89 | NEUTRAL | The RSI value for DVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DVAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.39 | OVERBOUGHT | The high Stochastics value suggests DVAX may be overbought. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for DVAX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for DVAX suggests a possible start of a new 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)
10.1
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week3.27%
2 Weeks4.23%
1 Month0.4%
3 Month-1.66%
6 Month-20.16%
12 Month-8.35%
2 Year-28.92%
3 Year-11.79%
5 Year170.78%
10 Year-55.53%
15 Year-44.51%
Volatility
ATR(14)0.3
ATR(20)%2.93%
ATR Inc-18.4%
Range Today0.16
ADR(20)0.29
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.22
Mansfield-2.19
10 Day High10.35
10 Day Low9.53
20 Day High10.35
20 Day Low9.2
52 Week High14.63
52 Week Low9.2
CS1 End9.41
CR1 Start10.17
Volume & EV
DER(3)2.02%
DER(5)1.93%
Volume1.24M
Volume Incr-25%
Vol(5)1.41M
Vol(50)1.73M