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Develop Global Limited

DVP.AX Technical Analysis Summary (ASX)

Analyze DVP.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DVP.AX●ASX
Basic MaterialsIndustrial Materials
$3.55
$0.07(1.93%)
Australian Market opens in 53h 6m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DVP.AX Technical Analysis Summary (ASX)

Develop Global Limited (ASX: DVP.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.09)
Trend Strength:Moderate (ADX: 29.01)
Volatility:High (ATR: 0.24)
Support/Resistance:$3.59 – $4.36 (Bollinger Bands)

Technical conditions suggest Develop Global Limited on the ASX is awaiting a decisive move. This mix signals that Develop Global Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.09

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.16

Bearish
Momentum remains weak below midpoint.

Williams %R: -48.05

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.66

Bearish
Selling pressure outweighs buying.

Takeaway:Develop Global Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.22

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.24

Low
Low volatility, stable price action.

CCI (14): 4.11

Neutral
Neutral, no strong directional signal.

Takeaway:Develop Global Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.36
Middle Band (SMA 20)
$3.97
Lower Band
$3.59
Current Position
Below Lower Band

Takeaway:Develop Global Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$4.50
Middle Line (EMA 20)
$4.01
Lower Channel
$3.53
Squeeze Status
Squeeze On

Takeaway:Develop Global Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-13.87M
Money Flow Index36.83Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.34Bearish, price momentum favors sellers.

Overall Takeaway:DVP.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Develop Global Limited (ASX: DVP.AX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Develop Global Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: DVP.AX) Technical Analysis FAQ