DANAHER CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DHR
ISIN:

DANAHER CORP. - Daily - Technical analysis published on 11/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 209.12 USD

My targets

226.71 USD (+2.70%)

235.30 USD (+6.59%)

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 209.12 USD. The buyers' bullish objective is set at 226.71 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 235.30 USD. If there is any crossing, the next objective would be the resistance located at 266.93 USD.

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

6.8

Comment on the analysis

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:

Additional analysis

Quotes

The DANAHER CORP. rating is 220.76 USD. On the day, this instrument gained +4.61% and was traded between 213.61 USD and 221.57 USD over the period. The price is currently at +3.35% from its lowest and -0.37% from its highest.

213.61

221.57

220.76

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this DANAHER CORP. chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	199.23	209.12	220.24	220.76	226.71	235.30	266.93
Change (%)	-9.75%	-5.27%	-0.24%	-	+2.70%	+6.59%	+20.91%
Change	-21.53	-11.64	-0.52	-	+5.95	+14.54	+46.17
Level	Intermediate	Major	Intermediate	-	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	204.34	205.98	208.51	210.15	212.68	214.32	216.85
Camarilla	209.88	210.27	210.65	211.03	211.41	211.80	212.18
Woodie	204.78	206.20	208.95	210.37	213.12	214.54	217.29
Fibonacci	205.98	207.58	208.56	210.15	211.75	212.73	214.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	181.41	187.58	197.68	203.85	213.95	220.12	230.22
Camarilla	203.31	204.80	206.29	207.78	209.27	210.76	212.25
Woodie	183.38	188.56	199.65	204.83	215.92	221.10	232.19
Fibonacci	187.58	193.80	197.64	203.85	210.07	213.91	220.12

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	135.95	159.02	175.52	198.59	215.09	238.16	254.66
Camarilla	181.14	184.77	188.39	192.02	195.65	199.28	202.90
Woodie	132.67	157.38	172.24	196.95	211.81	236.52	251.38
Fibonacci	159.02	174.14	183.47	198.59	213.71	223.04	238.16

Numerical data

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

Technical indicators

Moving averages

RSI (14):	68.85
MACD (12,26,9):	1.4600
Directional Movement:	17.56
AROON (14):	100.00
DEMA (21):	204.30
Parabolic SAR (0,02-0,02-0,2):	195.75
Elder Ray (13):	12.08
Super Trend (3,10):	200.85
Zig ZAG (10):	220.97
VORTEX (21):	0.9300
Stochastique (14,3,5):	94.79
TEMA (21):	209.62
Williams %R (14):	-1.80
Chande Momentum Oscillator (20):	23.12
Repulse (5,40,3):	5.2800
ROCnROLL:	1
TRIX (15,9):	-0.1600
Courbe Coppock:	16.78

MA7:	208.07
MA20:	198.59
MA50:	209.19
MA100:	216.16
MAexp7:	209.47
MAexp20:	204.25
MAexp50:	207.75
MAexp100:	212.25
Price / MA7:	+6.10%
Price / MA20:	+11.16%
Price / MA50:	+5.53%
Price / MA100:	+2.13%
Price / MAexp7:	+5.39%
Price / MAexp20:	+8.08%
Price / MAexp50:	+6.26%
Price / MAexp100:	+4.01%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on DANAHER CORP. at the time of the analysis were as follows:

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

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