• Return to Headlines

Bearish Moving Average Cross by Davita Inc (DVA)

By David Diaz

Today, shares of Davita Inc (NYSE:DVA) have crossed bearishly below their 10-day moving average of $72.88 on a volume of 261K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Davita Inc share prices have been bracketed by a low of $52.51 and a high of $80.71 and are now at $71.91, 37% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

SmarTrend is monitoring the recent change of momentum in Davita Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Davita Inc in search of a potential trend change.

Keywords: moving crosses davita inc

Ticker(s): DVA