DANAHER CORP. - Daily - Technical analysis published on 10/19/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 213.74 USD
My targets
199.23 USD (-5.10%)
186.09 USD (-11.36%)
My analysis
In the short term, we can see an acceleration in the bearish trend on DANAHER CORP., which is a positive signal for sellers. As long as the price remains above 213.74 USD, a sale could be considered. The first bearish objective is located at 199.23 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 186.09 USD as an objective. Crossing it would then enable sellers to target 148.07 USD. If the price were to return above 213.74 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DANAHER CORP. price is 209.93 USD. On the day, this instrument gained +2.51% and was between 206.52 USD and 210.27 USD. This implies that the price is at +1.65% from its lowest and at -0.16% from its highest.206.52
210.27
209.93
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DANAHER CORP.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DANAHER CORP. chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 186.09 | 199.23 | 209.12 | 209.93 | 213.74 | 226.81 | 235.35 |
| Change (%) | -11.36% | -5.10% | -0.39% | - | +1.81% | +8.04% | +12.11% |
| Change | -23.84 | -10.70 | -0.81 | - | +3.81 | +16.88 | +25.42 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 197.50 | 201.11 | 202.96 | 206.57 | 208.42 | 212.03 | 213.88 |
| Camarilla | 203.30 | 203.80 | 204.30 | 204.80 | 205.30 | 205.80 | 206.30 |
| Woodie | 196.61 | 200.67 | 202.07 | 206.13 | 207.53 | 211.59 | 212.99 |
| Fibonacci | 201.11 | 203.20 | 204.49 | 206.57 | 208.66 | 209.95 | 212.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.38 | 196.06 | 202.74 | 211.42 | 218.10 | 226.78 | 233.46 |
| Camarilla | 205.21 | 206.61 | 208.02 | 209.43 | 210.84 | 212.25 | 213.65 |
| Woodie | 186.39 | 195.56 | 201.75 | 210.92 | 217.11 | 226.28 | 232.47 |
| Fibonacci | 196.06 | 201.92 | 205.55 | 211.42 | 217.28 | 220.91 | 226.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 186.92 | 201.16 | 210.55 | 224.79 | 234.18 | 248.42 | 257.81 |
| Camarilla | 213.45 | 215.62 | 217.78 | 219.95 | 222.12 | 224.28 | 226.45 |
| Woodie | 184.51 | 199.95 | 208.14 | 223.58 | 231.77 | 247.21 | 255.40 |
| Fibonacci | 201.16 | 210.18 | 215.76 | 224.79 | 233.81 | 239.39 | 248.42 |
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): | 37.13 | |
| MACD (12,26,9): | -3.8600 | |
| Directional Movement: | -19.58 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 210.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 218.83 | |
| Elder Ray (13): | -4.33 | |
| Super Trend (3,10): | 223.83 | |
| Zig ZAG (10): | 208.74 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 22.48 | |
| TEMA (21): | 207.84 | |
| Williams %R (14): | -74.96 | |
| Chande Momentum Oscillator (20): | -6.57 | |
| Repulse (5,40,3): | -0.5600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 7.81 |
| MA7: | 210.29 | |
| MA20: | 215.43 | |
| MA50: | 221.99 | |
| MA100: | 218.53 | |
| MAexp7: | 210.45 | |
| MAexp20: | 214.79 | |
| MAexp50: | 218.66 | |
| MAexp100: | 219.34 | |
| Price / MA7: | -0.17% | |
| Price / MA20: | -2.55% | |
| Price / MA50: | -5.43% | |
| Price / MA100: | -3.94% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -2.26% | |
| Price / MAexp50: | -3.99% | |
| Price / MAexp100: | -4.29% |
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:
- DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Danaher Corporation with Losses of $100,000 to Contact the Firm
- SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Danaher Corporation with Losses of $100,000 to Contact the Firm
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Danaher Corporation with Losses of $100,000 to Contact the Firm
- SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Danaher Corporation and Encourages Investors with Losses to Contact the Firm
- INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Danaher Corporation and Encourages Investors with Losses to Contact the Firm
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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