DOVER CORP (DOV) Stock Technical Analysis
NYSE:DOV - New York Stock Exchange, Inc. - US2600031080 - Common Stock - Currency: USD
Taking everything into account, DOV scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, DOV did better than 76% of all other stocks. On top of that, DOV also shows a nice and consistent pattern of rising prices.
DOV is one of the better performing stocks in the Machinery industry, it outperforms 77% of 128 stocks in the same industry.
In the last month DOV has a been trading in the 194.24 - 222.31 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 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.
DOV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
173.62
208.59
We found 2 important support areas.
- A support zone ranging from 182.03 to 188.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @175.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 202.29 to 206.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.49
Mansfield0.01
10 Day High207.28
10 Day Low198.91
20 Day High222.31
20 Day Low194.24
52 Week High222.31
52 Week Low163.07
Performance
1 Week-1.06%
2 Weeks-2.01%
1 Month0.7%
3 Month-2.05%
6 Month8.61%
12 Month22.21%
2 Year33.78%
3 Year27.85%
5 Year95.19%
10 Year178.33%
15 Year343.08%
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)-0.25
RSI(14)49.79
LBB200.09
UBB206.56
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 206.53 | 198.90 | 7.63 (3.69%) | 25.00% |
| An entry @206.53. This is a Buy Stop order right above the resistance zone. | An exit @198.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.63 points, which is 3.69%. | For a 0.92% 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.
200.54
-5.89 (-2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.85%
1 Week-1.06%
2 Weeks-2.01%
1 Month0.7%
3 Month-2.05%
6 Month8.61%
12 Month22.21%
2 Year33.78%
3 Year27.85%
5 Year95.19%
10 Year178.33%
15 Year343.08%
Volatility
ATR(14)4.9
ATR(20)%2.62%
ATR Inc4.63%
Range Today7.92
ADR(20)4.9
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.49
Mansfield0.01
10 Day High207.28
10 Day Low198.91
20 Day High222.31
20 Day Low194.24
52 Week High222.31
52 Week Low163.07
CS1 End188.9
CR1 Start202.29
Volume & EV
DER(3)-2.92%
DER(5)-2.22%
Volume1.21M
Volume Incr1.51%
Vol(5)901.32K
Vol(50)820.29K