DAVITA INC (DVA) Technical Analysis
NYSE:DVA • US23918K1088
Overall DVA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DVA is only an average performer.
- The long and short term trends are both positive. This is looking good!
- DVA is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 71% of 101 stocks in the same industry.
- 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.
- DVA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- DVA has an average volume of 1094410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, DVA did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, DVA also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 156.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 150.75, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
148.43
When analyzing the support we notice one important area.
- A support zone ranging from 149.93 to 152.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 156.31 to 156.31. 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 | 76.34 | POSITIVE | DVA has a high relative strength, it outperformed 76.34% 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) | 61.35 | NEUTRAL | The RSI value for DVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.31 | NEGATIVE | The MACD value suggests DVA has a negative trend. |
| Stochastics (14,3) | 41.9 | NEUTRAL | The Stochastics value for DVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for DVA suggests some volalility. |
| Average Directional Index/ADX (14) | 42.05 | 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 |
|---|---|---|---|
| 156.32 | 149.92 | 6.40 (4.09%) | 24.43% |
| An entry @156.32. This is a Buy Stop order right above the resistance zone. | An exit @149.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.40 points, which is 4.09%. | For a 1.00% total portfolio risk, you can invest 24.43% of your capital in this trade. |
- 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.
DVA Technicals: Chart, Performance Metrics, Trend & Indicators
154.81
+3.26 (+2.15%)
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 61.3504. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DAVITA INC?
The MACD indicator for DAVITA INC (DVA) has a value of -1.3147, 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.