DOVER CORP (DOV) Technical Analysis
NYSE:DOV • US2600031080
Current stock price
DOV Technical Rating and Analysis
Taking everything into account, DOV scores 4 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month DOV has a been trading in the 200.63 - 218.78 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that DOV is one of the better performing stocks in the market, outperforming 74% of all stocks.
- DOV has an average volume of 1322250 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.
- DOV is part of the Machinery industry. There are 131 other stocks in this industry, DOV did better than 59% of them.
- DOV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DOV is lagging the market slightly.
DOV Weekly and Daily overview Charts
DOV Setup Rating and Analysis
Although the technical rating is only medium, DOV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 203.92, a Stop Loss order could be placed below this zone.
More info and screens
DOV Support and Resistance Analysis
167.07
3 important support areas can be observed.
- A support zone ranging from 201.27 to 203.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @196.07 from a horizontal line in the daily time frame.
- Support @168.76 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 208.54 to 209.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 233.32 to 233.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
DOV 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 | UP | POSITIVE | The long term trend for DOV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOV is down. |
| ChartMill Relative Strength | 74.04 | POSITIVE | DOV has a high relative strength, it outperformed 74.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DOV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.4 | NEUTRAL | The RSI value for DOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests DOV has a negative trend. |
| Stochastics (14,3) | 32.89 | NEUTRAL | The Stochastics value for DOV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for DOV suggests some volalility. |
| Average Directional Index/ADX (14) | 25.5 | POSITIVE | The high ADX value value for DOV suggests a strong trend. |
DOV Chart- and CandleStick Pattern Analysis
DOV Technicals: Chart, Performance Metrics, Trend & Indicators
205.38
-1.92 (-0.93%)
DOVER CORP / DOV TA FAQ
What is the technical rating for DOV stock?
ChartMill assigns a technical rating of 4 / 10 to DOV.
What is the current trend direction of DOVER CORP (DOV) stock?
The current trend direction for DOVER CORP (DOV) is Bullish.
What is the RSI signal for DOVER CORP (DOV) stock?
DOVER CORP (DOV) has an RSI value of 41.4007. This indicates that the stock is currently neutral.
What is the short term momentum for DOVER CORP (DOV) stock?
The short term momentum for DOVER CORP (DOV) is negative.
What is the buy/sell signal for DOVER CORP (DOV) stock?
The buy/sell signal for DOVER CORP (DOV) is hold as the short term and long term trends are mixed.