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 05/14/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 234.94 USD

My targets

266.36 USD (+2.98%)

291.91 USD (+12.86%)

My analysis

DANAHER CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 234.94 USD. The next resistance located at 266.36 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 291.91 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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.

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Additional analysis

Quotes

The DANAHER CORP. rating is 258.65 USD. On the day, this instrument gained +2.80% and was traded between 252.53 USD and 258.94 USD over the period. The price is currently at +2.42% from its lowest and -0.11% from its highest.

252.53

258.94

258.65

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by DANAHER CORP.:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DANAHER CORP. in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
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 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

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

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	225.65	234.94	256.16	258.65	266.36	291.91
Change (%)	-12.76%	-9.17%	-0.96%	-	+2.98%	+12.86%
Change	-33.00	-23.71	-2.49	-	+7.71	+33.26
Level	Minor	Major	Major	-	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	247.42	249.52	250.56	252.66	253.70	255.80	256.84
Camarilla	250.75	251.03	251.32	251.61	251.90	252.19	252.47
Woodie	246.90	249.26	250.04	252.40	253.18	255.54	256.32
Fibonacci	249.52	250.72	251.46	252.66	253.86	254.60	255.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	239.39	242.79	248.09	251.49	256.79	260.19	265.49
Camarilla	250.99	251.79	252.58	253.38	254.18	254.98	255.77
Woodie	240.33	243.27	249.03	251.97	257.73	260.67	266.43
Fibonacci	242.79	246.12	248.17	251.49	254.82	256.87	260.19

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	206.69	218.71	232.67	244.69	258.65	270.67	284.63
Camarilla	239.48	241.86	244.24	246.62	249.00	251.38	253.77
Woodie	207.65	219.20	233.63	245.18	259.61	271.16	285.59
Fibonacci	218.71	228.64	234.77	244.69	254.62	260.75	270.67

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):	67.12
MACD (12,26,9):	2.1700
Directional Movement:	13.81
AROON (14):	57.14
DEMA (21):	251.10
Parabolic SAR (0,02-0,02-0,2):	237.53
Elder Ray (13):	5.51
Super Trend (3,10):	242.44
Zig ZAG (10):	258.52
VORTEX (21):	0.9800
Stochastique (14,3,5):	82.22
TEMA (21):	253.35
Williams %R (14):	-2.70
Chande Momentum Oscillator (20):	11.95
Repulse (5,40,3):	2.4700
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	6.76

MA7:	251.52
MA20:	246.96
MA50:	248.05
MA100:	243.51
MAexp7:	252.40
MAexp20:	248.91
MAexp50:	246.74
MAexp100:	241.70
Price / MA7:	+2.83%
Price / MA20:	+4.73%
Price / MA50:	+4.27%
Price / MA100:	+6.22%
Price / MAexp7:	+2.48%
Price / MAexp20:	+3.91%
Price / MAexp50:	+4.83%
Price / MAexp100:	+7.01%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on DANAHER CORP. at the time of the generation of this analysis was as follows:

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

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