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Archive - 6/6/2025 - Sign In to see current Signals. |
Danaher Corp. (DHR) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Danaher Corp. (DHR). During the week, the DHR gained 6.12 points, or 3.22%, and closed at 196.02 on Friday, June 6, 2025. Weekly volume was -11% below average.
Long-term trend: [See DHR long-term trend chart] A long-term downtrend had started on August 1, 2024 at 281.70 and reached 171.00 on April 9, 2025. DHR lost 110.70 points, or 39.30%, in 35 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See DHR medium-term trend chart] A medium-term uptrend had started on May 15, 2025 at 180.19 and reached 198.16 on May 20, 2025. DHR gained -17.97 points, or -9.97%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (190.21) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See DHR weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See DHR short-term trend chart] A short-term uptrend had started on June 5, 2025 at 189.88 and reached 196.65 on June 6, 2025. DHR gained -6.77 points, or -3.57%, in 1 days. The price is now at the 9.31% retracement level.
Daily Technical Indicators: [See DHR daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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