DAVITA INC (DVA) Stock Technical Analysis
NYSE:DVA • US23918K1088
Overall DVA gets a technical rating of 8 out of 10. Although DVA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- DVA is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry. DVA outperforms 73% of them.
- DVA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DVA is lagging the market slightly.
- In the last month DVA has a been trading in the 104.06 - 154.50 range, which is quite wide. It is currently trading near the high of this range.
- DVA has an average volume of 1094040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that DVA is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, DVA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 150.92. Right above this resistance zone may be a good entry point.
More info and screens
138.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 147.33 to 148.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @139.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 150.92 to 151.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVA is up. |
| ChartMill Relative Strength | 71.96 | POSITIVE | DVA has a high relative strength, it outperformed 71.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.21 | OVERBOUGHT | The high RSI value suggests DVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests DVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.39 | OVERBOUGHT | The high Stochastics value suggests DVA may be overbought. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for DVA suggests some volalility. |
| Average Directional Index/ADX (14) | 45.92 | POSITIVE | The high ADX value value for DVA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 151.30 | 147.32 | 3.98 (2.63%) | 25.00% |
| An entry @151.30. This is a Buy Stop order right above the resistance zone. | An exit @147.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.98 points, which is 2.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The distance between exit and entry is rather small compared to the average daily movement of DVA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
150.91
-0.37 (-0.24%)
DAVITA INC / DVA FAQ
What is the ChartMill technical rating of DAVITA INC (DVA) stock?
ChartMill assigns a technical rating of 8 / 10 to DVA.
What is the current trend direction of DAVITA INC (DVA) stock?
The current trend direction for DAVITA INC (DVA) is Bullish.
Can you provide the RSI signal for DAVITA INC?
DAVITA INC (DVA) has an RSI value of 71.2097. This indicates that the stock is currently overbought.
Can you provide the MACD signal for DAVITA INC?
The MACD indicator for DAVITA INC (DVA) has a value of 0.786911, indicating a bearish trend.
What is the short term momentum for DAVITA INC (DVA) stock?
The short term momentum for DAVITA INC (DVA) is positive.