DAVITA INC Technical Analysis (NYSE:DVA)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The DAVITA INC stock price data and volume are plotted in DVA stock charts and these trading charts form the basis of technical analysis.
See DAVITA INC bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of DAVITA INC stock analysis.
DAVITA INC Moving Average
Moving averages show the DVA stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $70.1 is below the price of $71.95.
DAVITA INC Bollinger Bands
Bollinger bands comprise of a center line usually DVA SMA, and two DVA stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. DAVITA INC bollinger bands show that the stock price is $71.95, upper band is 74.73, lower band is 65.46, and the average is 70.1.
DAVITA INC Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The DAVITA INC MACD line is above the signal line.
DAVITA INC Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of DVA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.