Logo image of DHR

DANAHER CORP (DHR) Stock Technical Analysis

NYSE:DHR - New York Stock Exchange, Inc. - US2358511028 - Common Stock

244.11  +5.75 (+2.41%)

After market: 244.11 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, DHR scores 3 out of 10 in our technical rating. DHR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

DHR 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.
In the last month DHR has a been trading in the 225.42 - 244.49 range, which is quite wide. It is currently trading near the high of this range.
DHR has an average volume of 3149740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, DHR turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
DHR is an average performer in the Life Sciences Tools & Services industry, it outperforms 50% of 56 stocks in the same industry.
Weekly and Daily overview Charts
DHR Weekly chart
DHR Daily chart
Setup Rating and Analysis

8

DHR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 244.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 240.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

223.89

283.57

When analyzing the support we notice one important area.

  • A support zone ranging from 226.15 to 240.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @244.12 from a horizontal line in the daily time frame.
  • Resistance @271.66 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 276.76 to 280.76. 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
CRS49.16
Mansfield-1.2
10 Day High244.49
10 Day Low232.05
20 Day High244.49
20 Day Low225.42
52 Week High281.7
52 Week Low225.42
Performance
1 Week1.76%
2 Weeks3.95%
1 Month6.93%
3 Month-0.52%
6 Month-10.88%
12 Month4.77%
2 Year-7.67%
3 Year-14.58%
5 Year51.74%
10 Year196.32%
15 Year584.26%
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)1.24
RSI(14)61.39
LBB228.08
UBB245.37
DHR Daily chart

DANAHER CORP

NYSE:DHR (1/21/2025, 8:04:00 PM)

After market: 244.11 0 (0%)

244.11

+5.75 (+2.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.41%
1 Week1.76%
2 Weeks3.95%
1 Month6.93%
3 Month-0.52%
6 Month-10.88%
12 Month4.77%
2 Year-7.67%
3 Year-14.58%
5 Year51.74%
10 Year196.32%
15 Year584.26%
Volatility
ATR(14)5.76
ATR(20)%2.09%
ATR Inc3.25%
Range Today5.49
ADR(20)5.05
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.16
Mansfield-1.2
10 Day High244.49
10 Day Low232.05
20 Day High244.49
20 Day Low225.42
52 Week High281.7
52 Week Low225.42
CS1 End240.49
CR1 Start244.12
Volume & EV
DER(3)-0.65%
DER(5)-1.75%
Volume2.34M
Volume Incr6.91%
Vol(5)3.37M
Vol(50)3.15M