DOVER CORP (DOV) Stock Technical Analysis
NYSE:DOV - US2600031080 - Common Stock
177.75 USD
-0.61 (-0.34%)
177.75 USD
0 (0%)
We assign a technical rating of 2 out of 10 to DOV. 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.
69% of all other stocks performed better in the past year than DOV.
DOV is part of the Machinery industry. There are 128 other stocks in this industry, of which 62% are performing better than DOV.
In the last month DOV has a been trading in the 173.30 - 183.84 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 1024170 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 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.
Although the technical rating is bad, DOV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 176.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DOV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
159.31
192.82
We found 2 important support areas.
- A support zone ranging from 174.88 to 176.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @160.92 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 177.96 to 190.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for DOV is neutral. |
| ChartMill Relative Strength | 31.6 | NEUTRAL | DOV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DOV is below the rising 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) | 46.71 | NEUTRAL | The RSI value for DOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.22 | NEUTRAL | The Stochastics value for DOV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for DOV suggests low volalility. |
| Average Directional Index/ADX (14) | 14.59 | 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)
177.75
-0.61 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.34%
1 Week-2.11%
2 Weeks0.19%
1 Month2.17%
3 Month-0.95%
6 Month-4.25%
12 Month1.35%
2 Year27.41%
3 Year52.47%
5 Year64.07%
10 Year210.86%
15 Year240.45%
Volatility
ATR(14)3.1
ATR(20)%1.76%
ATR Inc31.18%
Range Today3.88
ADR(20)2.79
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.6
Mansfield-1.27
10 Day High183.84
10 Day Low173.96
20 Day High183.84
20 Day Low173.3
52 Week High222.31
52 Week Low143.04
CS1 End176.08
CR1 Start177.96
Volume & EV
DER(3)4.19%
DER(5)4.18%
Volume1.05M
Volume Incr-15.65%
Vol(5)799.10K
Vol(50)1.02M