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Is Dynavax Technologies Corporation (DVAX) Stock a Safe Buy?

Friday, December 04, 2020 08:54 AM | InvestorsObserver Analysts

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Dynavax Technologies Corporation (DVAX) is down 0% today. DVAX stock originally closed yesterday at $5.17 and is up $0.28 so far during pre-market trading. Pre-market tends to hold more volatility due to significantly less volume as most investors only trade between standard trading hours.

DVAX has a roughly avereage overall score of 40 meaning the stock holds a better value than 40% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock.

DVAX currently holds a average Short-Term Technical score of 17 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month has been bearish. Dynavax Technologies Corporation currently has the 92th highest Short-Term Technical score in the Biotechnology industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders.

Dynavax Technologies Corporation's Overall and Short-Term Technical score paint a poor picture for DVAX's recent trading patterns and forecasted price.

Click Here to get the full Stock Score Report on Dynavax Technologies Corporation (DVAX) Stock.

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