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ENDAVA PLC- SPON ADR (DAVA) Stock Technical Analysis

NYSE:DAVA - New York Stock Exchange, Inc. - US29260V1052 - ADR - Currency: USD

32.5  +0.41 (+1.28%)

After market: 32.5 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, DAVA scores 6 out of 10 in our technical rating. In the last year, DAVA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

84% 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. 77% of 82 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.
Weekly and Daily overview Charts
ENDAVA PLC- SPON ADR / DAVA Weekly stock chart
ENDAVA PLC- SPON ADR / DAVA Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, DAVA does present a nice setup opportunity. Prices have been consolidating lately. 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 33.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.31, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

28.71

33.79

2 important support areas can be observed.

  • A support zone ranging from 31.20 to 32.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @29.00 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.85
Mansfield-0.61
10 Day High33.74
10 Day Low30.8
20 Day High33.74
20 Day Low30.42
52 Week High72.98
52 Week Low23.28
Performance
1 Week-0.06%
2 Weeks3.54%
1 Month3.97%
3 Month23.25%
6 Month14.52%
12 Month-53.51%
2 Year-59.14%
3 Year-75.6%
5 Year-38.74%
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)61.63
LBB31.11
UBB33.04
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.

ENTRYEXITDISTANCECAPITAL
33.4731.192.28 (6.81%)14.68%
An entry @33.47. This is a Buy Stop order right above the resistance zone.An exit @31.19. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.28 points, which is 6.81%.When investing 14.68% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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 / DAVA Daily stock chart

ENDAVA PLC- SPON ADR

NYSE:DAVA (2/4/2025, 8:04:00 PM)

After market: 32.5 0 (0%)

32.5

+0.41 (+1.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.28%
1 Week-0.06%
2 Weeks3.54%
1 Month3.97%
3 Month23.25%
6 Month14.52%
12 Month-53.51%
2 Year-59.14%
3 Year-75.6%
5 Year-38.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%3.44%
ATR Inc2.91%
Range Today0.68
ADR(20)1.11
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.85
Mansfield-0.61
10 Day High33.74
10 Day Low30.8
20 Day High33.74
20 Day Low30.42
52 Week High72.98
52 Week Low23.28
CS1 End32.31
CR1 Start33.28
Volume & EV
DER(3)-2.8%
DER(5)-1.93%
Volume237.80K
Volume Incr-27.5%
Vol(5)236.26K
Vol(50)353.87K