Stock Trader: Following the Technicals for DaVita Inc. (NYSE:DVA): 20 Day Lower Keltner Band at 54.254047

With equity investing, there will constantly be worries and fears. The volatility in the market that accompanies these fears may trick investors into thinking the next bear market is on the doorstep. During a market-wide sell off, many stocks may experience the pain. Over time, many may gain back the ground they lost and return to previous levels. The biggest names may be the ones to recoup the losses the quickest. However, many investors might get stuck waiting for a rebound that just isn’t going to happen. Having the flexibility to adapt to market conditions may help repair a damaged portfolio. Sometimes a readjustment may be needed in order to regain some confidence. As the next round of earnings reports start to come in, investors will be keeping a close watch to see which companies produce the largest surprises, both positive and negative.

After a recent check, we see that the Bull Bear Power reading is -0.7901159 on shares of DaVita Inc. (NYSE:DVA). Moving to some volatility readings, we see that the current value is 2.0430226. Looking out for the week, volatility is 2.0857677. For the previous month, volatility is at 2.129454. Investors often track volatility across sectors to compare with the overall volatility in the market.

Traders use pivot point analysis to help determine key levels where a stock price may react. Tracking these turn around levels may help the trader while attempting stock analysis. Looking at some current one month pivots, we note that the Fibonacci pivot is 55.45 while the Fibonacci support 1 pivot is 54.75094, and the Fibonacci support 2 is 54.31906. Checking on the one month Woodie pivot, we note the level at 55.3925. The Woodie support 1 pivot is 54.675, and the Woodie resistance 1 pivot is 56.505.

Traders using technical analysis may be employing moving average indicators to assist with gauging a certain market move or to indicate its strength. Many traders will rely on the EMA or Exponential Moving Average to accomplish this. Checking on some recent levels we can see that the 10 day EMA is 54.999973, the 20 day is 54.90181, and the 30 day is 54.741833. Pulling back a bit, we note that the 100 day EMA is 55.16721, the 50 day is 54.650402, and the 200 day EMA is 57.319675.

A good way for investors to understand stock price movements is to look at how it has performed at various intervals in the past. Tracking shares of DaVita Inc. (NYSE:DVA), we see that the most recent close price was 54.55
Year-to-date: 5.9852314
Prior week: -2.5201073
Prior month: 1.7917134
Last 6 months:-25.297905
Last 3 months: -2.7287319

Investors might be looking around every corner when analyzing shares of DaVita Inc. (NYSE:DVA). Many investors will closely track a stock when it nears a major historical high or low point. Let’s take a quick peek at some major historical highs and lows for the stock:

All time high: 85.17
All time low: 0.68750346
52 week high: 79.11
52 week low: 48.25
6 month high: 79.11
6 month low: 48.25
3 month high: 59.97
3 month low: 49.48
One month high: 56.12
One month low: 51.88

Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 55.549576. The 20 day lower envelope is currently 54.254047. Traders may be watching for a breakthrough of the higher or lower Keltner bands.

Following recent trading activity, we note that DaVita Inc. (NYSE:DVA) has seen a move of -0.63752276% since the open. The prior close was 54.55 and the one month high price is currently 56.12.

Doing the necessary homework, investors have a wealth of information about publically traded stocks. Figuring out which ones are going to steadily outperform can be a tricky task. Many investors opt to follow what covering sell-side analysts think about certain stocks. Following analyst updates to estimates and targets may help gauge overall stock sentiment. However, solely following analyst views may not be enough to put the entire investing puzzle together. Technical traders may want to still keep tabs on the fundamentals, and vice-versa.  

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