ENDAVA PLC- SPON ADR (DAVA)
US29260V1052 - ADR
Taking everything into account, DAVA scores 6 out of 10 in our technical rating. DAVA 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.
86% of all other stocks performed better in the past year than DAVA.
DAVA is one of the lesser performing stocks in the IT Services industry. 79% of 83 stocks in the same industry do better.
DAVA 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DAVA 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.
Although the technical rating is only medium, DAVA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DAVA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
23.35
33.79
2 important support areas can be observed.
- A support zone ranging from 28.29 to 29.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.59 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.68 to 30.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 33.28 to 33.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.26
Mansfield-2.65
10 Day High32.15
10 Day Low29.52
20 Day High32.15
20 Day Low27.44
52 Week High81.06
52 Week Low23.28
Performance
1 Week1.87%
2 Weeks-0.07%
1 Month6.04%
3 Month16.79%
6 Month4.45%
12 Month-60.77%
2 Year-60.08%
3 Year-81.81%
5 Year-34.46%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)58.5
LBB29.59
UBB31.2
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 |
|---|---|---|---|
| 30.87 | 29.51 | 1.36 (4.41%) | 22.70% |
| An entry @30.87. This is a Buy Stop order right above the resistance zone. | An exit @29.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.36 points, which is 4.41%. | For a 1.00% total portfolio risk, you can invest 22.70% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DAVA. Please evaluate whether better entry and exit points can be found.
- 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.
ENDAVA PLC- SPON ADR
NYSE:DAVA (12/26/2024, 8:04:00 PM)
After market: 30.54 0 (0%)30.54
-0.3 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.97%
1 Week1.87%
2 Weeks-0.07%
1 Month6.04%
3 Month16.79%
6 Month4.45%
12 Month-60.77%
2 Year-60.08%
3 Year-81.81%
5 Year-34.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%3.62%
ATR Inc-38.35%
Range Today0.66
ADR(20)1.1
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.26
Mansfield-2.65
10 Day High32.15
10 Day Low29.52
20 Day High32.15
20 Day Low27.44
52 Week High81.06
52 Week Low23.28
CS1 End29
CR1 Start30.68
Volume & EV
DER(3)6.76%
DER(5)1.68%
Volume238.66K
Volume Incr-12.36%
Vol(5)359.23K
Vol(50)467.41K