DOVER CORP (DOV)

US2600031080 - Common Stock

204.74  +2.25 (+1.11%)

After market: 204.22 -0.52 (-0.25%)

Technical Rating and Analysis

10

Overall DOV gets a technical rating of 10 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 82% of all other stocks. On top of that, DOV also shows a nice and consistent pattern of rising prices.
DOV is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DOV has a been trading in the 188.54 - 205.06 range, which is quite wide. It is currently trading near the high of this range.
DOV is an average performer in the Machinery industry, it outperforms 66% of 131 stocks in the same industry.
Weekly and Daily overview Charts
DOV Weekly chart
DOV Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, DOV also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 204.75. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

171.47

206.80

3 important support areas can be observed.

  • A support zone ranging from 190.62 to 193.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 184.77 to 186.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 173.20 to 178.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 204.75 to 204.75. 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
CRS82.9
Mansfield0.39
10 Day High205.06
10 Day Low196.63
20 Day High205.06
20 Day Low188.55
52 Week High205.06
52 Week Low137.73
Performance
1 Week1.77%
2 Weeks1.61%
1 Month9.5%
3 Month10.89%
6 Month11.16%
12 Month46.57%
2 Year44.23%
3 Year24.96%
5 Year83.66%
10 Year165.93%
15 Year400.83%
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)0.08
RSI(14)63.57
LBB194.97
UBB207.42
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
204.76196.628.14 (3.98%)25.00%
An entry @204.76. This is a Buy Stop order right above the resistance zone.An exit @196.62. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 8.14 points, which is 3.98%.For a 0.99% total portfolio risk, you can invest 25.00% 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 (11/22/2024, 8:04:00 PM)

After market: 204.22 -0.52 (-0.25%)

204.74

+2.25 (+1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.11%
1 Week1.77%
2 Weeks1.61%
1 Month9.5%
3 Month10.89%
6 Month11.16%
12 Month46.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.71
ATR(20)%1.8%
ATR Inc
Range Today2.31
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 High205.06
10 Day Low196.63
20 Day High205.06
20 Day Low188.55
52 Week High205.06
52 Week Low137.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume598.50K
Volume Incr-22.85%
Vol(5)678.30K
Vol(50)888.42K