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Archive - 3/15/2024 - Sign In to see current Signals. |
DaVita Inc. (DVA) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a fifth consecutive positive week for the DaVita Inc. (DVA). During the week, the DVA gained 1.48 points, or 1.09%, and closed at 136.65 on Friday, March 15, 2024. DVA was trading at average weekly trading volume. Long-term trend: [See DVA long-term trend chart] A long-term uptrend had started on November 9, 2022 at 65.28 and reached 141.54 on March 13, 2024. DVA gained -76.26 points, or -116.82%, in 70 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 75.23 and resistance is at 153.04. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend. Medium-term trend: [See DVA medium-term trend chart] A medium-term uptrend had started on October 11, 2023 at 71.51 and reached 141.54 on March 13, 2024. DVA gained -70.03 points, or -97.93%, in 22 weeks. The price is now at the 6.98% retracement level. Weekly Technical Indicators: [See DVA weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since November 24, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 January 23, 2024 at 103.40 and reached 141.54 on March 13, 2024. DVA gained -38.14 points, or -36.89%, in 50 days. The price is now at the 12.82% 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 January 31, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Health Care |
6 |
Industry |
Health Care Facilities |
114 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
141.54 |
High Date |
03/13/2024 |
Low |
133.01 |
Low Date |
03/15/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
103.40 |
Low Date |
01/23/2024 |
High |
141.54 |
High Date |
03/13/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
71.51 |
Low Date |
10/11/2023 |
High |
141.54 |
High Date |
03/13/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
153.04 |
Support |
75.23 |
Low |
65.28 |
Low Date |
11/09/2022 |
High |
141.54 |
High Date |
03/13/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
136.48 |
High Date |
08/04/2021 |
Low |
65.28 |
Low Date |
11/09/2022 |
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