DOVER CORP (DOV) Stock Technical Analysis
NYSE:DOV - New York Stock Exchange, Inc. - US2600031080 - Common Stock - Currency: USD
Overall DOV gets a technical rating of 6 out of 10. DOV has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month DOV has a been trading in the 173.05 - 189.70 range, which is quite wide. It is currently trading near the high of this range.
DOV has an average volume of 1018930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, DOV turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
DOV is part of the Machinery industry. There are 128 other stocks in this industry, DOV did better than 46% of them.
DOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DOV is lagging the market.
DOV has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
156.33
208.59
When analyzing the support we can see 3 important areas.
- Support @186.08 from a horizontal line in the daily time frame.
- A support zone ranging from 174.87 to 182.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @157.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 204.58 to 206.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for DOV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOV is up. |
| ChartMill Relative Strength | 61.03 | NEUTRAL | DOV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOV is above the rising 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) | 68.31 | NEUTRAL | The RSI value for DOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests DOV has a positive trend. |
| Stochastics (14,3) | 93.29 | OVERBOUGHT | The high Stochastics value suggests DOV may be overbought. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for DOV suggests low volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for DOV 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)
188.63
+0.48 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.26%
1 Week3.05%
2 Weeks7.36%
1 Month6.17%
3 Month22.85%
6 Month0.32%
12 Month6.76%
2 Year29.23%
3 Year41.11%
5 Year83.26%
10 Year194.41%
15 Year293.22%
Volatility
ATR(14)3.13
ATR(20)%1.6%
ATR Inc-22.08%
Range Today2.05
ADR(20)2.78
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.03
Mansfield-0.65
10 Day High189.7
10 Day Low173.05
20 Day High189.7
20 Day Low173.05
52 Week High222.31
52 Week Low143.04
CS1 End186.08
CR1 Start204.58
Volume & EV
DER(3)-2.1%
DER(5)-0.88%
Volume488.70K
Volume Incr-7.38%
Vol(5)862.04K
Vol(50)1.02M