DAVIDSTEA INC (DTEA.CA) Stock Technical Analysis
TSX-V:DTEA - TSX Venture Exchange - CA2386611024 - Common Stock - Currency: CAD
Overall DTEA gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that DTEA is one of the better performing stocks in the market, outperforming 97% of all stocks.
DTEA is one of the better performing stocks in the Specialty Retail industry, it outperforms 85% of 15 stocks in the same industry.
DTEA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DTEA is lagging the market slightly.
In the last month DTEA has a been trading in the 0.88 - 1.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DTEA 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 very little resistance above the current price. 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
0.56
1.07
3 important support areas can be observed.
- Support @0.97 from a horizontal line in the weekly time frame.
- Support @0.93 from a horizontal line in the daily time frame.
- Support @0.57 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.06 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.86
Mansfield12.36
10 Day High1.11
10 Day Low0.88
20 Day High1.24
20 Day Low0.88
52 Week High1.3
52 Week Low0.13
Performance
1 Week6.38%
2 Weeks-4.76%
1 Month-16.67%
3 Month189.86%
6 Month545.16%
12 Month127.27%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.02
RSI(14)50.33
LBB0.93
UBB1.11
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 |
|---|---|---|---|
| 1.07 | 0.96 | 0.11 (10.28%) | 9.73% |
| An entry @1.07. This is a Buy Stop order right above the resistance zone. | An exit @0.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.11 points, which is 10.28%. | When investing 9.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DTEA. 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.
TSX-V:DTEA (2/21/2025, 7:00:00 PM)
1
+0.04 (+4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg4.17%
1 Week6.38%
2 Weeks-4.76%
1 Month-16.67%
3 Month189.86%
6 Month545.16%
12 Month127.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%10.75%
ATR Inc-18.18%
Range Today0.05
ADR(20)0.09
ADR(20)%9.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.86
Mansfield12.36
10 Day High1.11
10 Day Low0.88
20 Day High1.24
20 Day Low0.88
52 Week High1.3
52 Week Low0.13
CS1 End0.97
CR1 Start1.06
Volume & EV
DER(3)-2.02%
DER(5)-1.21%
Volume2.69K
Volume Incr-79.63%
Vol(5)7.78K
Vol(50)50.83K