DANAHER CORP. - Daily - Technical analysis published on 11/03/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 257.52 USD
My targets
236.65 USD (-2.43%)
210.58 USD (-13.18%)
My analysis
DANAHER CORP. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 257.52 USD. The next support located at 236.65 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 210.58 USD. Below this support, sellers could then target 167.47 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DANAHER CORP. rating 242.54 USD. The price registered a decrease of -5.19% on the session and was traded between 242.24 USD and 255.31 USD over the period. The price is currently at +0.12% from its lowest and -5.00% from its highest.242.24
255.31
242.54
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DANAHER CORP. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 167.47 | 210.58 | 236.65 | 242.54 | 243.08 | 257.52 | 272.73 |
| Change (%) | -30.95% | -13.18% | -2.43% | - | +0.22% | +6.18% | +12.45% |
| Change | -75.07 | -31.96 | -5.89 | - | +0.54 | +14.98 | +30.19 |
| Level | Minor | Minor | Major | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 225.01 | 233.63 | 238.08 | 246.70 | 251.15 | 259.77 | 264.22 |
| Camarilla | 238.95 | 240.14 | 241.34 | 242.54 | 243.74 | 244.94 | 246.13 |
| Woodie | 222.94 | 232.59 | 236.01 | 245.66 | 249.08 | 258.73 | 262.15 |
| Fibonacci | 233.63 | 238.62 | 241.70 | 246.70 | 251.69 | 254.77 | 259.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 229.53 | 235.90 | 243.85 | 250.22 | 258.17 | 264.54 | 272.49 |
| Camarilla | 247.86 | 249.18 | 250.49 | 251.80 | 253.11 | 254.43 | 255.74 |
| Woodie | 230.32 | 236.30 | 244.64 | 250.62 | 258.96 | 264.94 | 273.28 |
| Fibonacci | 235.90 | 241.37 | 244.75 | 250.22 | 255.69 | 259.07 | 264.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.97 | 207.90 | 229.78 | 256.71 | 278.59 | 305.52 | 327.40 |
| Camarilla | 238.25 | 242.72 | 247.20 | 251.67 | 256.14 | 260.62 | 265.09 |
| Woodie | 178.46 | 206.64 | 227.27 | 255.45 | 276.08 | 304.26 | 324.89 |
| Fibonacci | 207.90 | 226.54 | 238.06 | 256.71 | 275.35 | 286.87 | 305.52 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.92 | |
| MACD (12,26,9): | -5.3800 | |
| Directional Movement: | -17.67 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 247.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 237.34 | |
| Elder Ray (13): | -3.64 | |
| Super Trend (3,10): | 269.74 | |
| Zig ZAG (10): | 242.54 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 43.94 | |
| TEMA (21): | 246.73 | |
| Williams %R (14): | -77.67 | |
| Chande Momentum Oscillator (20): | -17.39 | |
| Repulse (5,40,3): | -4.8700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3100 | |
| Courbe Coppock: | 8.44 |
| MA7: | 250.80 | |
| MA20: | 255.15 | |
| MA50: | 267.07 | |
| MA100: | 268.12 | |
| MAexp7: | 250.17 | |
| MAexp20: | 255.20 | |
| MAexp50: | 263.15 | |
| MAexp100: | 267.56 | |
| Price / MA7: | -3.29% | |
| Price / MA20: | -4.94% | |
| Price / MA50: | -9.18% | |
| Price / MA100: | -9.54% | |
| Price / MAexp7: | -3.05% | |
| Price / MAexp20: | -4.96% | |
| Price / MAexp50: | -7.83% | |
| Price / MAexp100: | -9.35% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on DANAHER CORP. at the time of the analysis were as follows:
- Danaher Corp. to Host Earnings Call
- Danaher Announces Pricing Of Common Stock Offering And Mandatory Convertible Preferred Stock Offering
- Danaher Announces Offerings Of Common Stock And Mandatory Convertible Preferred Stock
-
GE to sell BioPharma business to Danaher for $21.4B
- Danaher to Acquire the Biopharma Business of General Electric Life Sciences for $21.4 Billion
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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