DYNAVAX TECHNOLOGIES CORP (DVAX) Technical Analysis
NASDAQ:DVAX • US2681582019
Current stock price
DVAX Technical Rating and Analysis
Overall DVAX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DVAX is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- DVAX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DVAX is leading the market.
- DVAX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- DVAX has an average volume of 3463080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, DVAX did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- DVAX is part of the Biotechnology industry. There are 517 other stocks in this industry, DVAX did better than 65% of them.
- In the last month DVAX has a been trading in a tight range between 15.46 and 15.73.
DVAX Weekly and Daily overview Charts
DVAX Setup Rating and Analysis
DVAX has an excellent technical rating and also presents 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 15.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.49, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DVAX Support and Resistance Analysis
9.31
5 important support areas can be observed.
- A support zone ranging from 15.47 to 15.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.69 to 11.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.29 from a trend line in the daily time frame.
- Support @10.42 from a horizontal line in the daily time frame.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 15.56 to 15.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DVAX 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 | UP | POSITIVE | The long term trend for DVAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVAX is up. |
| ChartMill Relative Strength | 86.67 | POSITIVE | DVAX has a high relative strength, it outperformed 86.67% 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) | UP | POSITIVE | The current price of DVAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DVAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76 | OVERBOUGHT | The high RSI value suggests DVAX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests DVAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.94 | OVERSOLD | The low Stochastics value suggests DVAX may be oversold. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for DVAX suggests low volalility. |
| Average Directional Index/ADX (14) | 59.8 | POSITIVE | The high ADX value value for DVAX suggests a strong trend. |
DVAX Chart- and CandleStick Pattern Analysis
DVAX Example Setup
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 |
|---|---|---|---|
| 15.60 | 15.46 | 0.14 (0.90%) | 25.00% |
| An entry @15.60. This is a Buy Stop order right above the 10 day high. | An exit @15.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 0.90%. | For a 0.22% total portfolio risk, you can invest 25.00% 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.
DVAX Technicals: Chart, Performance Metrics, Trend & Indicators
15.5
0 (0%)
DYNAVAX TECHNOLOGIES CORP / DVAX TA FAQ
What is the technical rating for DVAX stock?
ChartMill assigns a technical rating of 9 / 10 to DVAX.
Can you provide the trend direction for DYNAVAX TECHNOLOGIES CORP?
The current trend direction for DYNAVAX TECHNOLOGIES CORP (DVAX) is Bullish.
What is the RSI signal for DVAX stock?
DYNAVAX TECHNOLOGIES CORP (DVAX) has an RSI value of 75.9955. This indicates that the stock is currently overbought.
Can you provide the MACD signal for DYNAVAX TECHNOLOGIES CORP?
The MACD indicator for DYNAVAX TECHNOLOGIES CORP (DVAX) has a value of -0.148113, indicating a bearish trend.
Can you provide the short term momentum for DYNAVAX TECHNOLOGIES CORP?
The short term momentum for DYNAVAX TECHNOLOGIES CORP (DVAX) is positive.