DYNAVAX TECHNOLOGIES CORP (DVAX) Stock Technical Analysis
USA - NASDAQ:DVAX - US2681582019 - Common Stock
We assign a technical rating of 6 out of 10 to DVAX. 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.
DVAX has an average technical rating and the quality of the presented setup is also not ideal 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.
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9.31
4 important support areas can be observed.
- A support zone ranging from 10.37 to 10.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.13 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.79 to 9.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.40 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 11.07 to 11.36. 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 | 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 | 32.59 | NEUTRAL | DVAX is not amongst the best or worst performers 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) | 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) | 62.87 | NEUTRAL | The RSI value for DVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DVAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.12 | 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) | 29.53 | POSITIVE | The high ADX value value for DVAX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.37 | 10.36 | 1.01 (8.88%) | 11.26% |
| An entry @11.37. This is a Buy Stop order right above the resistance zone. | An exit @10.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.01 points, which is 8.88%. | For a 1.00% total portfolio risk, you can invest 11.26% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.06
-0.1 (-0.9%)
DYNAVAX TECHNOLOGIES CORP / DVAX FAQ
What is the technical rating for DVAX stock?
ChartMill assigns a technical rating of 6 / 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 62.8741. 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 0.0771037, indicating a bearish trend.