DOVER CORP (DOV) Stock Technical Analysis
USA - NYSE:DOV - US2600031080 - Common Stock
166.5 USD
+0.37 (+0.22%)
166.5 USD
0 (0%)
Taking everything into account, DOV scores 0 out of 10 in our technical rating. DOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than DOV.
DOV is part of the Machinery industry. There are 130 other stocks in this industry, of which 66% are performing better than DOV.
DOV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
DOV has an average volume of 1004790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DOV has a been trading in the 158.97 - 172.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, DOV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 165.60, a Stop Loss order could be placed below this zone.
More info and screens
156.44
192.82
2 important support areas can be observed.
- A support zone ranging from 161.47 to 165.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @158.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @169.19 from a trend line in the daily time frame.
- A resistance zone ranging from 179.97 to 181.88. This zone is formed by a combination of multiple trend lines 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.
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 DOV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOV is down. |
| ChartMill Relative Strength | 17.91 | NEGATIVE | DOV has a low relative strength, it was outperformed by 82.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DOV is above 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) | 46.8 | NEUTRAL | The RSI value for DOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests DOV has a positive trend. |
| Stochastics (14,3) | 62.87 | NEUTRAL | The Stochastics value for DOV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for DOV suggests low volalility. |
| Average Directional Index/ADX (14) | 22.78 | NEUTRAL | The ADX value for DOV suggests a possible start of a new 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)
166.5
+0.37 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.22%
1 Week3.13%
2 Weeks-0.07%
1 Month-2.82%
3 Month-11.55%
6 Month3.36%
12 Month-14.34%
2 Year28.13%
3 Year27.4%
5 Year50.39%
10 Year158.42%
15 Year213.56%
Volatility
ATR(14)2.89
ATR(20)%1.74%
ATR Inc-3.32%
Range Today1.87
ADR(20)2.8
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.91
Mansfield-1.8
10 Day High167.75
10 Day Low158.97
20 Day High172.26
20 Day Low158.97
52 Week High222.31
52 Week Low143.04
CS1 End165.6
CR1 Start169.19
Volume & EV
DER(3)0.83%
DER(5)0.27%
Volume2.92M
Volume Incr65.23%
Vol(5)1.64M
Vol(50)1.00M