DVA closes higher for the 2nd day in a row

Technical Analysis Report for DVA - May 17, 2018 [< 1 min read]
DVA closes higher for the 2nd day in a row
DVA pushes through previous session high
DVA rises to highest close since March 19th
TQ Sentiment
Technical Forecast:

Moving higher for the 2nd day in a row, DVA ended Thursday at 67.58 gaining $0.75 (1.12%). Today's closing price of 67.58 marks the highest close since March 19th. Closing above Wednesday's high at 67.18, the stock confirms its breakout through the previous session's high having traded $0.96 above it intraday.

Daily chart for DVA

Thursday's trading range was $1.57 (2.35%), that's slightly above last trading month's daily average range of $1.49. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly above average.


Although DaVita Inc. is experiencing a short-term up trend, this might just be a correction, as both the medium and long term trends are still in negative territory.

Order Flow

As prices are trading close to May's high at 68.69, upside momentum could speed up should the market mark new highs for the month.


While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being very bearish.

Report Market Conditions
Closed above last periods high TQ Pro Members Only
2 Consecutive Higher Closes TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when DaVita Inc. traded like this in the past. See the odds for each technical pattern with expected gain and loss.


Stocks Top Movers

NATGAS 2.9580.028 0.96%
NDX 6,953.6360.01 0.87%
TBOND 142.4381.094 0.77%
DXY 93.9000.405 0.43%
SPX 2,733.298.85 0.32%
CRUDE 71.83-0.30 -0.42%
GBPUSD 1.3347-0.0083 -0.62%
EURUSD 1.1697-0.0081 -0.69%
USDJPY 110.08-0.82 -0.74%
NKY 22,437.01-252.73 -1.11%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.