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 1 out of 10. DOV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
74% of all other stocks performed better in the past year than DOV.
In the last month DOV has a been trading in the 173.30 - 195.23 range, which is quite wide. It is currently trading near the lows of this range.
DOV has an average volume of 1053000 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.
DOV is an average performer in the Machinery industry, it outperforms 41% of 127 stocks in the same industry.
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 a poor technical rating and the quality of the setup is also not perfect 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
149.62
206.63
We found 3 important support areas.
- A support zone ranging from 174.85 to 176.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @159.92 from a trend line in the weekly time frame.
- A support zone ranging from 151.13 to 153.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 179.90 to 182.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 185.74 to 190.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 204.58 to 204.58. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for DOV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DOV is neutral. |
| ChartMill Relative Strength | 26.33 | NEGATIVE | DOV has a low relative strength, it was outperformed by 73.67% 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) | DOWN | NEGATIVE | The current price of DOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.81 | NEUTRAL | The RSI value for DOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DOV has a negative trend. |
| Stochastics (14,3) | 45.31 | NEUTRAL | The Stochastics value for DOV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for DOV suggests some volalility. |
| Average Directional Index/ADX (14) | 19.53 | 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)
176.54
-2.86 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.59%
1 Week1.74%
2 Weeks0.9%
1 Month-6.22%
3 Month-5.44%
6 Month-12.75%
12 Month-1.83%
2 Year19.04%
3 Year41.28%
5 Year60.72%
10 Year184.97%
15 Year294.42%
Volatility
ATR(14)3.33
ATR(20)%2.02%
ATR Inc15.39%
Range Today3.21
ADR(20)3.28
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.33
Mansfield-1.36
10 Day High182.91
10 Day Low173.3
20 Day High195.23
20 Day Low173.3
52 Week High222.31
52 Week Low143.04
CS1 End176.08
CR1 Start179.9
Volume & EV
DER(3)1.56%
DER(5)1.03%
Volume620.60K
Volume Incr-24.95%
Vol(5)949.52K
Vol(50)1.05M