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 07/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

39%

44%

My opinion

Bearish under 248.77 USD

My targets

234.69 USD (-2.34%)

224.10 USD (-6.75%)

My analysis

The bearish trend is currently very strong for DANAHER CORP.. As long as the price remains below the resistance at 248.77 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 234.69 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 224.10 USD as an objective. Crossing it would then enable sellers to target 215.03 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish 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.

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Additional analysis

Quotes

DANAHER CORP. rating 240.32 USD. On the day, this instrument lost -0.04% and was traded between 240.00 USD and 243.06 USD over the period. The price is currently at +0.13% from its lowest and -1.13% from its highest.

240.00

243.06

240.32

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this DANAHER CORP. chart shows a sharp 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	215.03	224.10	234.69	240.32	248.77	252.64	255.88
Change (%)	-10.52%	-6.75%	-2.34%	-	+3.52%	+5.13%	+6.47%
Change	-25.29	-16.22	-5.63	-	+8.45	+12.32	+15.56
Level	Intermediate	Minor	Major	-	Major	Minor	Major

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	235.03	236.95	238.68	240.60	242.33	244.25	245.98
Camarilla	239.41	239.74	240.08	240.41	240.75	241.08	241.41
Woodie	234.94	236.90	238.59	240.55	242.24	244.20	245.89
Fibonacci	236.95	238.34	239.21	240.60	241.99	242.86	244.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	235.87	241.93	245.89	251.95	255.91	261.97	265.93
Camarilla	247.10	248.01	248.93	249.85	250.77	251.69	252.61
Woodie	234.82	241.41	244.84	251.43	254.86	261.45	264.88
Fibonacci	241.93	245.76	248.12	251.95	255.78	258.14	261.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	219.69	233.31	241.58	255.20	263.47	277.09	285.36
Camarilla	243.83	245.84	247.84	249.85	251.86	253.86	255.87
Woodie	217.02	231.97	238.91	253.86	260.80	275.75	282.69
Fibonacci	233.31	241.67	246.84	255.20	263.56	268.73	277.09

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):	32.80
MACD (12,26,9):	-2.7100
Directional Movement:	-16.94
AROON (14):	-57.14
DEMA (21):	239.42
Parabolic SAR (0,02-0,02-0,2):	239.26
Elder Ray (13):	-0.96
Super Trend (3,10):	244.14
Zig ZAG (10):	240.32
VORTEX (21):	0.6900
Stochastique (14,3,5):	28.28
TEMA (21):	238.75
Williams %R (14):	-75.67
Chande Momentum Oscillator (20):	-3.34
Repulse (5,40,3):	-0.5700
ROCnROLL:	2
TRIX (15,9):	-0.1700
Courbe Coppock:	4.65

MA7:	247.68
MA20:	255.07
MA50:	255.08
MA100:	251.58
MAexp7:	240.79
MAexp20:	243.10
MAexp50:	247.46
MAexp100:	251.26
Price / MA7:	-2.97%
Price / MA20:	-5.78%
Price / MA50:	-5.79%
Price / MA100:	-4.48%
Price / MAexp7:	-0.20%
Price / MAexp20:	-1.14%
Price / MAexp50:	-2.89%
Price / MAexp100:	-4.35%

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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