DANAHER CORP (DHR)

US2358511028 - Common Stock

248.56  -8.95 (-3.48%)

After market: 248.56 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, DHR scores 2 out of 10 in our technical rating. DHR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month DHR has a been trading in the 247.20 - 269.11 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
DHR is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 84% of 59 stocks in the same industry.
DHR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DHR is lagging the market slightly.
DHR has an average volume of 2941590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, DHR outperforms 46% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
DHR Weekly chart
DHR Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

233.15

270.67

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 241.53 to 243.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 235.50 to 235.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 252.63 to 267.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.11
Mansfield-1
10 Day High269.11
10 Day Low247.2
20 Day High269.11
20 Day Low247.2
52 Week High269.61
52 Week Low182.09
Performance
1 Week-6.07%
2 Weeks-7.2%
1 Month-6.75%
3 Month-2.45%
6 Month7.9%
12 Month4.36%
2 Year-1.96%
3 Year-7.38%
5 Year73.92%
10 Year215.71%
15 Year705.18%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.8
RSI(14)39.36
LBB249.05
UBB271.1
DHR Daily chart

DANAHER CORP

NYSE:DHR (6/20/2024, 4:12:06 PM)

After market: 248.56 0 (0%)

248.56

-8.95 (-3.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-3.48%
1 Week-6.07%
2 Weeks-7.2%
1 Month-6.75%
3 Month-2.45%
6 Month7.9%
12 Month4.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.1
ATR(20)%2.04%
ATR Inc
Range Today4.57
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High269.11
10 Day Low247.2
20 Day High269.11
20 Day Low247.2
52 Week High269.61
52 Week Low182.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.11M
Volume Incr37.44%
Vol(5)4.14M
Vol(50)2.94M