DANAHER CORP (DHR) Stock Technical Analysis
NYSE:DHR - New York Stock Exchange, Inc. - US2358511028 - Common Stock - Currency: USD
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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
81% of all other stocks performed better in the past year than DHR.
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 180.19 - 202.82 range, which is quite wide. It is currently trading near the lows of this range.
DHR has an average volume of 4190660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DHR is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, DHR did better than 63% of them.
Although the technical rating is bad, DHR does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
185.61
252.57
We can see 4 important resistance areas.
- A resistance zone ranging from 193.05 to 200.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @216.16 from a trend line in the weekly time frame.
- Resistance @222.82 from a trend line in the daily time frame.
- Resistance @250.07 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for DHR is neutral. |
| ChartMill Relative Strength | 19.9 | NEGATIVE | DHR has a low relative strength, it was outperformed by 80.1% 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) | 43.7 | NEUTRAL | The RSI value for DHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests DHR has a negative trend. |
| Stochastics (14,3) | 46.94 | NEUTRAL | The Stochastics value for DHR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for DHR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.33 | NEGATIVE | The low ADX value for DHR suggests a weak or negative trend. |
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)
187.48
+0.67 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.36%
1 Week-1.82%
2 Weeks-3.77%
1 Month-4.59%
3 Month-10.82%
6 Month-20.51%
12 Month-28.66%
2 Year-18.35%
3 Year-28.94%
5 Year12.53%
10 Year117.19%
15 Year372.36%
Volatility
ATR(14)6.66
ATR(20)%3.21%
ATR Inc22.63%
Range Today4.09
ADR(20)5.71
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.9
Mansfield-2.27
10 Day High201.72
10 Day Low180.19
20 Day High202.82
20 Day Low180.19
52 Week High281.7
52 Week Low171
CS1 EndN/A
CR1 Start193.05
Volume & EV
DER(3)-0.85%
DER(5)0.25%
Volume3.10M
Volume Incr-13.57%
Vol(5)3.64M
Vol(50)4.19M