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Archive - 6/6/2025 - Sign In to see current Signals. |
Dover Corp. (DOV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Dover Corp. (DOV). During the week, the DOV climbed 1.70 points, or 0.96%, and closed at 179.45 on Friday, June 6, 2025. Weekly volume was -13% below average. DOV is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See DOV long-term trend chart] A long-term uptrend had started on October 13, 2022 at 114.49 and reached 222.30 on February 4, 2025. DOV gained -107.81 points, or -94.17%, in 120 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 146.66 and resistance is at 232.74. 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 long-term trend.
Medium-term trend: [See DOV medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 143.00 and reached 187.14 on May 13, 2025. DOV gained -44.14 points, or -30.87%, in 5 weeks. The price is now at the 17.42% retracement level.
Weekly Technical Indicators: [See DOV 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 DOV short-term trend chart] A short-term downtrend had started on May 13, 2025 at 187.14 and reached 173.68 on June 2, 2025. DOV lost 13.46 points, or 7.19%, in 20 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (171.32) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.
Daily Technical Indicators: [See DOV daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 22, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. 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.
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