Endava's 15min chart triggers MACD Death Cross, Bollinger Bands Narrowing

Friday, Nov 21, 2025 2:47 pm ET1min read
DAVA--

According to Endava's 15-minute chart, a significant technical indicator has been triggered. Specifically, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, indicating a potential bearish trend. Furthermore, the Bollinger Bands have begun to narrow, suggesting that the magnitude of price fluctuations is decreasing. This combination of indicators suggests that the stock price has the potential to continue falling.

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