DANAHER CORP.
DANAHER CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DHR
ISIN:

DANAHER CORP. - 1H - Technical analysis published on 09/27/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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
28%
56%
17%
My opinion
Bearish under 248.42 USD
My targets
245.50 USD (-0.60%)
242.96 USD (-1.63%)
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 248.42 USD. The next support located at 245.50 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 242.96 USD. Below this support, sellers could then target 235.89 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

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DANAHER CORP. price is 246.99 USD. The price registered a decrease of -0.11% on the session and was traded between 244.08 USD and 248.50 USD over the period. The price is currently at +1.19% from its lowest and -0.61% from its highest.

244.08
248.50
246.99

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

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 result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DANAHER CORP. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 235.89 242.96 245.50 246.99 248.42 252.21 254.82
Change (%) -4.49% -1.63% -0.60% - +0.58% +2.11% +3.17%
Change -11.10 -4.03 -1.49 - +1.43 +5.22 +7.83
Level Major Major Minor - Intermediate 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
Standard240.81243.84245.54248.57250.27253.30255.00
Camarilla245.95246.38246.82247.25247.68248.12248.55
Woodie240.16243.51244.89248.24249.62252.97254.35
Fibonacci243.84245.64246.76248.57250.37251.49253.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard235.57241.82245.10251.35254.63260.88264.16
Camarilla245.75246.62247.50248.37249.24250.12250.99
Woodie234.08241.08243.61250.61253.14260.14262.67
Fibonacci241.82245.46247.71251.35254.99257.24260.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard234.43241.74253.37260.68272.31279.62291.25
Camarilla259.79261.53263.26265.00266.74268.47270.21
Woodie236.59242.82255.53261.76274.47280.70293.41
Fibonacci241.74248.98253.45260.68267.92272.39279.62

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): 42.33
MACD (12,26,9): -1.4600
Directional Movement: -9.84
AROON (14): -71.43
DEMA (21): 245.89
Parabolic SAR (0,02-0,02-0,2): 247.85
Elder Ray (13): -1.07
Super Trend (3,10): 249.78
Zig ZAG (10): 246.76
VORTEX (21): 0.8600
Stochastique (14,3,5): 20.41
TEMA (21): 245.45
Williams %R (14): -66.03
Chande Momentum Oscillator (20): -2.55
Repulse (5,40,3): 0.5700
ROCnROLL: 2
TRIX (15,9): -0.0800
Courbe Coppock: 2.91
MA7: 250.55
MA20: 254.14
MA50: 254.87
MA100: 244.72
MAexp7: 246.30
MAexp20: 247.75
MAexp50: 249.94
MAexp100: 251.86
Price / MA7: -1.42%
Price / MA20: -2.81%
Price / MA50: -3.09%
Price / MA100: +0.93%
Price / MAexp7: +0.28%
Price / MAexp20: -0.31%
Price / MAexp50: -1.18%
Price / MAexp100: -1.93%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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