Why is DAVA Up Today?

DAVA
$1.95
▲ +8.66% (+$0.17)
Last updated: Oct 01, 2026 8:30 PM ET (149 min ago)

About Endava plc American Depositary Shares (each representing one Class A Ordinary Share)

Endava is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2006 in the UK, and it continues to generate the majority of revenue in the UK and Europe. Endava's client bas...

Sector: Services-Computer Programming Services
Market Cap: $506.88M
Forward P/E: 6.9
52-Week Range: $1.60 - $9.88
Employees: 11,365

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 Services-Computer Programming Services sector moving together
This appears to be a sector-wide move. The Services-Computer Programming Services sector is up 1.6% on average.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

Services-Computer Programming Services sector: +1.7%

This appears to be a sector-wide move. Most Services-Computer Programming Services stocks are moving in the same direction.

Market Comparison

DAVA is significantly outperforming the market (+8.5% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
DAVA
This Stock
+8.66%
vs S&P 500: +8.48%
vs Nasdaq: +8.35%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, DAVA is expected to trade between:
$1.91 - $2.00

Key Level to Watch

$2.04 resistance
Watch for continuation above $1.95

Quick Trade Ideas

Options strategies to consider for DAVA's 9% move

📊

No Options Available

DAVA doesn't have listed options or options data is currently unavailable.

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Disclaimer: These are educational examples only, not investment advice. Options involve significant risk including total loss of premium. Prices shown are estimates and may differ from actual market prices. Always do your own research and consider your risk tolerance.

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Last updated: Oct 01, 2026 8:30 PM (149 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

DAVA has moved more than 3.0% up on 39 occasions in the past year.

41.0%
Continuation Rate
16/39 times continued up
-0.3%
Avg Next Day Change
After similar up moves
Last similar move: Sep 30, 2026 (8.5%) → Next day: +8.7%

Frequently Asked Questions

Why is DAVA stock up today?

This appears to be a sector-wide move. The Services-Computer Programming Services sector is up 1.6% on average.

Is DAVA stock a buy or sell right now?

Based on current analysis, DAVA shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the DAVA stock price target?

DAVA is currently trading at $1.95. Based on today's momentum, the expected short-term range is $1.91 - $2.00. See long-term price prediction →

Will DAVA stock continue rising?

Our analysis shows a 45% probability that DAVA's move continues in the next 1-3 days. Key level to watch: $2.04 (resistance).

Is DAVA stock oversold or overbought?

DAVA's RSI (Relative Strength Index) is currently at 33.3. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for DAVA stock?

DAVA's 10-day momentum indicator is at -1.02. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is DAVA outperforming or underperforming the market?

DAVA (+8.66%) is currently significantly outperforming the market (+8.5% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for DAVA?

DAVA's MACD (-0.34) is currently below the signal line (-0.25), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 38.2) is strong.

Is DAVA in an uptrend or downtrend?

Based on moving average analysis, DAVA is in a bearish trend. The price ($1.95) is trading below both the 20-day SMA ($2.48) and 50-day SMA ($2.82). This alignment typically indicates sustained downward pressure.

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