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.
- When comparing the yearly performance of all stocks, DHR is a bad performer in the overall market: 80% of all stocks are doing better.
- DHR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DHR is lagging the market.
- In the last month DHR has a been trading in the 185.24 - 218.75 range, which is quite wide. It is currently trading near the lows of this range.
- DHR has an average volume of 4043960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DHR is an average performer in the Life Sciences Tools & Services industry, it outperforms 60% of 57 stocks in the same industry.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DHR Support and Resistance Analysis
179.94
When analyzing the support we notice one important area.
- A support zone ranging from 181.76 to 181.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 203.64 to 205.10. 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 210.65 to 211.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @233.39 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 | 20.66 | NEGATIVE | DHR has a low relative strength, it was outperformed by 79.34% 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) | 25.08 | OVERSOLD | The low RSI value suggests DHR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.36 | NEGATIVE | The MACD value suggests DHR has a negative trend. |
| Stochastics (14,3) | 5.66 | OVERSOLD | The low Stochastics value suggests DHR may be oversold. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for DHR suggests some volalility. |
| Average Directional Index/ADX (14) | 48.4 | POSITIVE | The high ADX value value for DHR suggests a strong trend. |
DHR Chart- and CandleStick Pattern Analysis
DHR Technicals: Chart, Performance Metrics, Trend & Indicators
187.32
+1.06 (+0.57%)
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 DHR stock?
DANAHER CORP (DHR) has an RSI value of 25.0765. This indicates that the stock is currently oversold.
What is the MACD signal for DANAHER CORP (DHR) stock?
The MACD indicator for DANAHER CORP (DHR) has a value of -1.35818, indicating a bearish trend.
Can you provide the buy/sell signal for DANAHER CORP?
The buy/sell signal for DANAHER CORP (DHR) is sell as both the short term and long term trends are negative.