Question 1

What implications does the 10-day RSI indicator have for DVAX?

Accepted Answer

The RSI Indicator for DVAX moved out of oversold territory on August 07, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 36 similar instances when the indicator left oversold territory. In 29 of the 36 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about DVAX's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did DVAX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 14, 2024. You may want to consider a long position or call options on DVAX as a result. In 68 of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for DVAX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for DVAX just turned positive on August 12, 2024. Looking at past instances where DVAX's MACD turned positive, the stock continued to rise in 38 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for DVAX?

Accepted Answer

DVAX moved above its 50-day moving average on August 14, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for DVAX?

Accepted Answer

Following a +2.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where DVAX advanced for three days, in 220 of 275 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for DVAX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DVAX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

DVAX Stock Dynavax Technologies (DVAX, $11.76) entered Uptrend as Momentum indicator ascends above 0 level on May 07, 2024

DVAX's RSI Oscillator ascending out of oversold territory

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