DANAHER CORP (DHR) Technical Analysis
NYSE:DHR • US2358511028
Current stock price
DHR Technical Rating and Analysis
Taking everything into account, DHR scores 0 out of 10 in our technical rating. DHR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 85% of all other stocks performed better in the past year than DHR.
- DHR is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 60% of 57 stocks in the same industry do better.
- DHR is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month DHR has a been trading in the 174.60 - 200.50 range, which is quite wide. It is currently trading near the lows of this range.
- DHR has an average volume of 4257510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DHR Weekly and Daily overview Charts
DHR Setup Rating and Analysis
The technical rating of DHR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DHR Support and Resistance Analysis
173.39
We found 1 important support area.
- A support zone ranging from 175.14 to 175.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 188.27 to 188.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 192.99 to 194.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @198.62 from a horizontal line in the daily time frame.
- Resistance @229.52 from a trend line in the weekly time frame.
DHR Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DHR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHR is down. |
| ChartMill Relative Strength | 15.9 | NEGATIVE | DHR has a low relative strength, it was outperformed by 84.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.15 | NEUTRAL | The RSI value for DHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.23 | NEGATIVE | The MACD value suggests DHR has a negative trend. |
| Stochastics (14,3) | 10.84 | OVERSOLD | The low Stochastics value suggests DHR may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for DHR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for DHR suggests a possible start of a new trend. |
DHR Chart- and CandleStick Pattern Analysis
DHR Technicals: Chart, Performance Metrics, Trend & Indicators
175.15
-3.8 (-2.12%)
DANAHER CORP / DHR TA FAQ
What is the technical rating for DHR stock?
ChartMill assigns a technical rating of 0 / 10 to DHR.
What is the trend direction for DHR stock?
The current trend direction for DANAHER CORP (DHR) is Bearish.
What is the RSI signal for DANAHER CORP (DHR) stock?
DANAHER CORP (DHR) has an RSI value of 32.1453. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DANAHER CORP?
The short term momentum for DANAHER CORP (DHR) is negative.
Can you provide the support and resistance levels for DANAHER CORP?
DANAHER CORP (DHR) has a support level at 175.14 and a resistance level at 188.27. Check the full technical report for our detailed analysis of DHR support and resistance levels.