DAVITA INC (DVA) Technical Analysis
NYSE:DVA • US23918K1088
Current stock price
DVA Technical Rating and Analysis
Overall DVA gets a technical rating of 7 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- DVA is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 78% of 100 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.
- In the last month DVA has a been trading in the 143.07 - 156.15 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Looking at the yearly performance, DVA did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
DVA Weekly and Daily overview Charts
DVA Setup Rating and Analysis
Besides having an excellent technical rating, DVA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 145.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
DVA Support and Resistance Analysis
143.11
We found 1 important support area.
- A support zone ranging from 144.56 to 145.58. 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 151.74 to 156.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DVA Technical Indicator Signal Analysis
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 | 79.02 | POSITIVE | DVA has a high relative strength, it outperformed 79.02% 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) | 51.88 | NEUTRAL | The RSI value for DVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests DVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.36 | NEUTRAL | The Stochastics value for DVA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for DVA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for DVA suggests a weak or negative trend. |
DVA Chart- and CandleStick Pattern Analysis
DVA Example Setup
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 |
|---|---|---|---|
| 156.78 | 147.05 | 9.73 (6.21%) | 16.11% |
| An entry @156.78. This is a Buy Stop order right above the resistance zone. | An exit @147.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.73 points, which is 6.21%. | When investing 16.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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
151.65
-3.49 (-2.25%)
DAVITA INC / DVA TA FAQ
What is the ChartMill technical rating of DAVITA INC (DVA) stock?
ChartMill assigns a technical rating of 7 / 10 to DVA.
What is the trend direction for DVA stock?
The current trend direction for DAVITA INC (DVA) is Bullish.
What is the RSI signal for DVA stock?
DAVITA INC (DVA) has an RSI value of 51.8808. This indicates that the stock is currently neutral.
What is the MACD signal for DAVITA INC (DVA) stock?
The MACD indicator for DAVITA INC (DVA) has a value of 0.193699, indicating a bearish trend.
What are the support and resistance levels for DAVITA INC (DVA) stock?
DAVITA INC (DVA) has a support level at 145.58 and a resistance level at 151.74. Check the full technical report for our detailed analysis of DVA support and resistance levels.