The Greedy Trader Weekly Analysis
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Yearly Pattern:Falling Channel
Number of records: 5
Symbol:  

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Channeling Stock - rising channel and falling channel.
Stock channeling technique is one of the most efficient and widely used trading technique. Price channel represents price movement bound by parallel lower (support) and upper (resistance) trend lines. Channels with rising trend lines (rising channel) are considered bullish and the falling channel is considered as bearish . Channels are continuation formations as far as support and resistance are not broken.
Trading technique:
# 1
Buy channeling stock on support and sell on resistance.
# 2 For bullish channel: sell channeling stock when price breakes the stock channeling support line. For bearish channel: buy channeling stock when price breaks the resistance line.
Tips:
# 1 For the best results, stock channeling should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
channeling stock,stock channeling,rising channel,falling channel,Price Channel
DaVita Inc.
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Summary:
Weekly :Overbought sectorPrice is near the Fibonacci 23.6% retracement level
Daily :
Move cursor over the icon to see details.

It was a second consecutive positive week for the DaVita Inc. (DVA). During the week, the DVA climbed 0.42 points, or 0.59%, and closed at 72.05 on Friday, October 05, 2018. Weekly volume was -14% below average.

DVA is a member of Healthcare Sector. Healthcare is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See DVA long-term trend chart]
A long-term uptrend had started on November 8, 2017 at 52.51 and reached 80.71 on January 11, 2018. DVA gained -28.20 points, or -53.70%, in 9 weeks. The price is now at the 30.71% retracement level.

Medium-term trend: [See DVA medium-term trend chart]
A medium-term uptrend had started on April 4, 2018 at 61.72 and reached 75.43 on October 1, 2018. DVA gained -13.71 points, or -22.21%, in 25 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See DVA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since August 31, 2018. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See DVA short-term trend chart]
A short-term uptrend had started on August 30, 2018 at 65.54 and reached 75.43 on October 1, 2018. DVA gained -9.89 points, or -15.09%, in 32 days. The price is now at the 34.18% retracement level.

Daily Technical Indicators: [See DVA daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since September 13, 2018. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.38
Williams' Percentage Range (W%R) 28.50
Lane's Stochastic (%D-Slow) 56.62
Greed/Fear Indicator (GFI) 62.51
Moving Average Converg./Diverg. (MACD) 0.32
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.17
Williams' Percentage Range (W%R) 26.60
Lane's Stochastic (%D-Slow) 48.09
Greed/Fear Indicator (GFI) 57.36
Moving Average Converg./Diverg. (MACD) 0.84
Trading Signals
Description Value Chart
Upper Bollinger Band 74.82
Daily Stochastic Crossing 72.75
Price 72.05
50 Day Moving Average 71.02
Weekly Stochastic Crossing 70.87
20 Day Moving Average 70.62
Parabolic System 69.95
Lower Bollinger Band 67.54
Sector and Industry
Description Name Rank
Sector Healthcare 9
Industry Specialized Health Svcs 134
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 69.22
Low Date 09/24/2018
High 75.43
High Date 10/01/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 65.54
Low Date 08/30/2018
High 75.43
High Date 10/01/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 61.72
Low Date 04/04/2018
High 75.43
High Date 10/01/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 52.51
Low Date 11/08/2017
High 80.71
High Date 01/11/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 85.17
High Date 04/27/2015
Low 52.51
Low Date 11/08/2017
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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