Overall DVAX gets a technical rating of 5 out of 10. DVAX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, DVAX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.86, a Stop Loss order could be placed below this zone.
More info and screens
9.26
2 important support areas can be observed.
- A support zone ranging from 10.42 to 10.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.36 to 11.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.75 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for DVAX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVAX is up. |
| ChartMill Relative Strength | 34.21 | NEUTRAL | DVAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DVAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DVAX is above the rising 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) | 50.04 | NEUTRAL | The RSI value for DVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests DVAX has a negative trend. |
| Stochastics (14,3) | 32.64 | NEUTRAL | The Stochastics value for DVAX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for DVAX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for DVAX suggests a possible start of a new trend. |
10.89
-0.07 (-0.64%)
DYNAVAX TECHNOLOGIES CORP / DVAX FAQ
What is the technical rating for DVAX stock?
ChartMill assigns a technical rating of 5 / 10 to DVAX.
What is the trend direction for DVAX stock?
The current trend direction for DYNAVAX TECHNOLOGIES CORP (DVAX) is Bearish.
Can you provide the RSI signal for DYNAVAX TECHNOLOGIES CORP?
DYNAVAX TECHNOLOGIES CORP (DVAX) has an RSI value of 50.0418. This indicates that the stock is currently neutral.
What is the MACD signal for DYNAVAX TECHNOLOGIES CORP (DVAX) stock?
The MACD indicator for DYNAVAX TECHNOLOGIES CORP (DVAX) has a value of -0.0722353, indicating a bearish trend.