Davita - now a BULL trend
Technicals analysis WEEKLY
Headlines / Fundamental
On July 10th:
- 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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