Londinia Opportunities Analyses - 05/07/2024 (GMT) DANAHER CORP. - 1H

DANAHER CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: DHR
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 247.04 USD
My targets
249.79 USD (+0.60%)
256.16 USD (+3.17%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DANAHER CORP. as long as the price remains well above 247.04 USD. The buyers' bullish objective is set at 249.79 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 256.16 USD. If there is any crossing, the next objective would be the resistance located at 266.36 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The DANAHER CORP. price is 248.30 USD. On the day, this instrument gained +0.36% and was between 246.20 USD and 248.75 USD. This implies that the price is at +0.85% from its lowest and at -0.18% from its highest.

246.20
248.75
248.30

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DANAHER CORP.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DANAHER CORP. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 238.09 242.63 247.04 248.30 249.79 256.16 266.36
Change (%) -4.11% -2.28% -0.51% - +0.60% +3.17% +7.27%
Change -10.21 -5.67 -1.26 - +1.49 +7.86 +18.06
Level Minor Major Minor - Major Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard243.72245.31246.36247.95249.00250.59251.64
Camarilla246.67246.92247.16247.40247.64247.88248.13
Woodie243.44245.18246.08247.82248.72250.46251.36
Fibonacci245.31246.32246.95247.95248.96249.59250.59


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard237.05239.85244.12246.92251.19253.99258.26
Camarilla246.44247.08247.73248.38249.03249.68250.32
Woodie237.78240.22244.85247.29251.92254.36258.99
Fibonacci239.85242.55244.22246.92249.62251.29253.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard206.69218.71232.67244.69258.65270.67284.63
Camarilla239.48241.86244.24246.62249.00251.38253.77
Woodie207.65219.20233.63245.18259.61271.16285.59
Fibonacci218.71228.64234.77244.69254.62260.75270.67

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 57.36
MACD (12,26,9): 0.2900
Directional Movement: 7.33
AROON (14): -50.00
DEMA (21): 248.03
Parabolic SAR (0,02-0,02-0,2): 244.91
Elder Ray (13): 0.44
Super Trend (3,10): 250.04
Zig ZAG (10): 248.27
VORTEX (21): 1.0400
Stochastique (14,3,5): 56.42
TEMA (21): 248.02
Williams %R (14): -37.01
Chande Momentum Oscillator (20): 0.02
Repulse (5,40,3): 0.1400
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.40
MA7: 247.32
MA20: 244.22
MA50: 248.24
MA100: 242.23
MAexp7: 247.99
MAexp20: 247.65
MAexp50: 247.02
MAexp100: 246.20
Price / MA7: +0.40%
Price / MA20: +1.67%
Price / MA50: +0.02%
Price / MA100: +2.51%
Price / MAexp7: +0.11%
Price / MAexp20: +0.25%
Price / MAexp50: +0.51%
Price / MAexp100: +0.84%

Quotes : - 15 min delayed data - Actions NYSE