dorfmanmaster

Davita - now a BULL trend

Long
NYSE:DVA   DaVita Inc.
Technicals analysis WEEKLY
  • Davita broke a downtrend channel, and is now in a consolidation above the 200SMA. (Bull)

  • 50SMA is now crossing above the 200SMA. (Bull)

  • OBV and RSI show divergence, as they have moved in oposite directions since early August. (Short). However... on a daily chart, we see a decent uptrend since early June.

Headlines / Fundamental

On July 10th:
  • President Donald Trump on Wednesday signed an executive order reimbursing for kidney transplants and reducing the reliance on the costly treatments at dialysis clinics.

  • Analyst fair value target price is $79. Meaning 38% undervalued.

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