DAVITA INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DVA
ISIN:

DAVITA INC. - Daily - Technical analysis published on 10/31/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 75.95 USD

My targets

65.39 USD (-10.44%)

64.29 USD (-11.95%)

My analysis

The bearish trend is currently very strong for DAVITA INC.. As long as the price remains below the resistance at 75.95 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 65.39 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 64.29 USD as an objective. Crossing it would then enable sellers to target 43.42 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

DAVITA INC. rating 73.01 USD. The price registered an increase of +3.50% on the session with the lowest point at 69.00 USD and the highest point at 74.29 USD. The deviation from the price is +5.81% for the low point and -1.72% for the high point.

69.00

74.29

73.01

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this Daily chart of DAVITA INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	21.20	43.42	65.39	73.01	75.95	84.23	89.41
Change (%)	-70.96%	-40.53%	-10.44%	-	+4.03%	+15.37%	+22.46%
Change	-51.81	-29.59	-7.62	-	+2.94	+11.22	+16.40
Level	Intermediate	Major	Intermediate	-	Major	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	64.62	66.81	69.91	72.10	75.20	77.39	80.49
Camarilla	71.56	72.04	72.53	73.01	73.50	73.98	74.47
Woodie	65.08	67.04	70.37	72.33	75.66	77.62	80.95
Fibonacci	66.81	68.83	70.08	72.10	74.12	75.37	77.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.26	49.26	59.90	79.90	90.54	110.54	121.18
Camarilla	62.11	64.92	67.73	70.54	73.35	76.16	78.97
Woodie	24.58	46.92	55.22	77.56	85.86	108.20	116.50
Fibonacci	49.26	60.96	68.20	79.90	91.60	98.84	110.54

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	64.29	73.42	78.10	87.23	91.91	101.04	105.72
Camarilla	78.97	80.24	81.50	82.77	84.04	85.30	86.57
Woodie	62.06	72.31	75.87	86.12	89.68	99.93	103.49
Fibonacci	73.42	78.70	81.96	87.23	92.51	95.77	101.04

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	32.07
MACD (12,26,9):	-1.2700
Directional Movement:	-30.86
AROON (14):	-14.29
DEMA (21):	86.75
Parabolic SAR (0,02-0,02-0,2):	99.90
Elder Ray (13):	-15.40
Super Trend (3,10):	87.67
Zig ZAG (10):	73.01
VORTEX (21):	1.0400
Stochastique (14,3,5):	31.82
TEMA (21):	85.41
Williams %R (14):	-87.02
Chande Momentum Oscillator (20):	-16.49
Repulse (5,40,3):	-1.3600
ROCnROLL:	2
TRIX (15,9):	0.0600
Courbe Coppock:	2.52

MA7:	88.25
MA20:	88.78
MA50:	88.97
MA100:	87.43
MAexp7:	84.60
MAexp20:	87.83
MAexp50:	88.62
MAexp100:	90.58
Price / MA7:	-17.27%
Price / MA20:	-17.76%
Price / MA50:	-17.94%
Price / MA100:	-16.49%
Price / MAexp7:	-13.70%
Price / MAexp20:	-16.87%
Price / MAexp50:	-17.61%
Price / MAexp100:	-19.40%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on DAVITA INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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