DANAHER CORP (DHR)       267.5  +3.12 (+1.18%)

267.5  +3.12 (+1.18%)

US2358511028 - Common Stock - Premarket: 268.76 +1.26 (+0.47%)

Technical Rating

4

Taking everything into account, DHR scores 4 out of 10 in our technical rating. In the past year, DHR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.



In the last month DHR has a been trading in the 242.48 - 279.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DHR has an average volume of 2492970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, DHR outperforms 49% of them, which is more or less in line with the market.
DHR is part of the Life Sciences Tools & Services industry. There are 66 other stocks in this industry, DHR did better than 69% of them.
DHR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 1.99% 8.31% -7.76% -7.00% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 49.98 233.708 - 303.82
DHR Weekly chart
DHR Daily chart

Support/Resistance Analysis


234.73

279.45
We found 4 important support areas.
  • A support zone ranging from 266.04 to 267.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 255.60 to 258.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 247.06 to 250.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 237.10 to 242.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
  • A resistance zone ranging from 268.32 to 276.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

Setup Analysis

Setup Rating

6

Although the technical rating is only medium, DHR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.


DHR Daily chart

DANAHER CORP267.5

NYSE:DHR (2/1/2023, 7:08:44 PM)+3.12 (+1.18%)

Premarket: 268.76 +1.26 (+0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Life Sciences Tools & Services

Performance
Today 1.18% 1 Week 1.73%
2 Weeks -1.15% 1 Month 1.99%
3 Month 8.31% 6 Month -7.76%

Volatility
ATR(14) 6.42 ATR(20)% 2.88%
ATR Inc -22.36% Range Today 6.35

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 49.98 Mansfield -0.23
10 Day High 279.32 10 Day Low 260.42
20 Day High 279.32 20 Day Low 242.48
52 Week High 303.82 52 Week Low 233.71
CS1 End 267.22 CR1 Start 268.32

Volume & EV
DER(3) 1.59% DER(5) 1.94%
Volume 3.63M Volume Incr 11.64%
Vol(5) 2.96M Vol(50) 2.49M

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