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Downtrend Broken Resist.Archive
- 3/6/2026 -
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Danaher Corp. (DHR) Technical Analysis
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| Summary:
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| | It was the negative week for the Danaher Corp. (DHR). During the week, the DHR dropped -15.14 points, or -7.19%, and closed at 195.50 on Friday, March 6, 2026. It was the worst weekly loss since January 30, 2026. DHR was trading at average weekly trading volume.
 Long-term trend: [See DHR long-term trend chart]
A long-term downtrend had started on September 10, 2021 at 333.96 and reached 171.00 on April 9, 2025. DHR lost 162.96 points, or 48.80%, in 186 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 164.03 and resistance is at 252.98. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
 Medium-term trend: [See DHR medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 171.00 and reached 242.80 on January 22, 2026. DHR gained -71.80 points, or -41.99%, in 41 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 188.67 and resistance is at 250.95. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See DHR weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since February 6, 2026. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See DHR short-term trend chart]
A short-term downtrend had started on January 22, 2026 at 242.80 and reached 195.11 on March 6, 2026. DHR lost 47.69 points, or 19.64%, in 43 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (196.41). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
 Daily Technical Indicators: [See DHR daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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.
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