DOVER CORP (DOV)

US2600031080 - Common Stock

176.61  -1.24 (-0.7%)

Technical Rating and Analysis

10

Taking everything into account, DOV scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DOV has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DOV did better than 82% of all other stocks.
DOV is one of the better performing stocks in the Machinery industry, it outperforms 71% of 132 stocks in the same industry.
DOV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DOV is leading the market.
In the last month DOV has a been trading in the 168.20 - 182.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DOV has an average volume of 1025100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DOV Weekly chart
DOV Daily chart
Setup Rating and Analysis

7

DOV has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

132.79

181.98

We found 3 important support areas.

  • A support zone ranging from 166.10 to 174.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @139.01 from a horizontal line in the daily time frame.
  • Support @134.13 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 180.18 to 180.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82
Mansfield0.93
10 Day High182.33
10 Day Low168.33
20 Day High182.33
20 Day Low168.2
52 Week High182.33
52 Week Low127.25
Performance
1 Week3.74%
2 Weeks4.93%
1 Month2.01%
3 Month12.03%
6 Month32.37%
12 Month23.07%
2 Year32.81%
3 Year18.17%
5 Year98.92%
10 Year104%
15 Year465.68%
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)
Technical Indicators
MACD(12,26,9)0.67
RSI(14)59.5
LBB165.19
UBB182.28
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
180.19168.3211.87 (6.59%)15.18%
An entry @180.19. This is a Buy Stop order right above the resistance zone.An exit @168.32. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 11.87 points, which is 6.59%.For a 1.00% total portfolio risk, you can invest 15.18% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DOV Daily chart

DOVER CORP

NYSE:DOV (5/2/2024, 10:39:46 AM)

176.61

-1.24 (-0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.7%
1 Week3.74%
2 Weeks4.93%
1 Month2.01%
3 Month12.03%
6 Month32.37%
12 Month23.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.4
ATR(20)%1.86%
ATR Inc
Range Today3.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High182.33
10 Day Low168.33
20 Day High182.33
20 Day Low168.2
52 Week High182.33
52 Week Low127.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume270.44K
Volume Incr88.55%
Vol(5)1.70M
Vol(50)1.03M