DOVER CORP (DOV) Technical Analysis
NYSE:DOV • US2600031080
Current stock price
DOV Technical Rating and Analysis
Overall DOV gets a technical rating of 8 out of 10. 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 76% of all other stocks. We also observe that the gains produced by DOV over the past year are nicely spread over this period.
- DOV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DOV is lagging the market slightly.
- In the last month DOV has a been trading in the 200.63 - 232.71 range, which is quite wide. It is currently trading near the high of this range.
- DOV has an average volume of 1180070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DOV is part of the Machinery industry. There are 131 other stocks in this industry, DOV did better than 60% of them.
DOV Weekly and Daily overview Charts
DOV Setup Rating and Analysis
Although DOV has an excellent technical rating, the quality of the presented setup is 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
DOV Support and Resistance Analysis
167.94
4 important support areas can be observed.
- A support zone ranging from 213.05 to 219.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @209.33 from a trend line in the daily time frame.
- 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 @169.64 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The short term trend for DOV is up. |
| ChartMill Relative Strength | 76.5 | POSITIVE | DOV has a high relative strength, it outperformed 76.5% off all stocks 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) | DOWN | MIXED | The current price of DOV is above 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) | 59.24 | NEUTRAL | The RSI value for DOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.31 | POSITIVE | The MACD value suggests DOV has a positive trend. |
| Stochastics (14,3) | 73.87 | NEUTRAL | The Stochastics value for DOV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for DOV suggests some volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for DOV suggests a weak or negative trend. |
DOV Chart- and CandleStick Pattern Analysis
DOV Technicals: Chart, Performance Metrics, Trend & Indicators
224.78
-3.37 (-1.48%)
DOVER CORP / DOV TA FAQ
What is the technical rating for DOV stock?
ChartMill assigns a technical rating of 8 / 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 59.2372. 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 positive.
What is the buy/sell signal for DOVER CORP (DOV) stock?
The buy/sell signal for DOVER CORP (DOV) is buy as both the short term and long term trends are positive.