The Greedy Trader Weekly Analysis
Sign In Mar 22, 2024
Skip Navigation Links
TA Search
Daily D%-Slow:< 30
Number of records: 10
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Lane's Stochastic (%D-Slow)

The Lane's Stochastic indicator developed by George Lane is one of the most useful and widely used momentum oscillators in technical analysis. Lane's Stochastic oscillator uses four indicators to combine relative strength with moving average methods. %K is an un-smoothed RSI. %D is a moving average of %K (fast stochastic). %D-Slow is a longer term moving average of %K, and finally %D-Slow (slow stochastic) Moving Avg. is another moving average. Like other overbought oversold oscillators, they are normalized within a scale of 0 to 100. Buy/sell signals are generated by %D stochastic crossover with its moving average above 80%, for overvalued, or below 20%, for undervalued stocks. The divergence between price and indicator is the most important buy/sell stocks trading signal. Lane's Stochastic bullish divergence/bearish divergence should be considered together with other stock market trading alerts, trading indicator and technical trading techniques.

Advanced TA Search

Archive
- 3/15/2024 -
Sign In to see current Signals.

Dover Corp. (DOV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorRelative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtBroken trend resistance line
Daily :Lane's Stochastic is overbought
Move cursor over the icon to see details.

It was a ninth consecutive positive week for the Dover Corp. (DOV). During the week, the DOV gained 4.50 points, or 2.63%, and closed at 175.53 on Friday, March 15, 2024. Weekly volume was 10% above average.

DOV is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See DOV long-term trend chart]
A long-term downtrend had started on January 7, 2022 at 184.00 and reached 114.49 on October 13, 2022. DOV lost 69.51 points, or 37.78%, in 39 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (131.76) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DOV may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See DOV medium-term trend chart]
A medium-term uptrend had started on October 31, 2023 at 127.25 and reached 177.64 on March 13, 2024. DOV gained -50.39 points, or -39.60%, in 19 weeks. Price is near the trend high.

Weekly Technical Indicators: [See DOV weekly technical indicators chart]
Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See DOV short-term trend chart]
A short-term uptrend had started on February 20, 2024 at 159.48 and reached 177.64 on March 13, 2024. DOV gained -18.16 points, or -11.39%, in 22 days. The price is now at the 11.62% retracement level.

Daily Technical Indicators: [See DOV daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.

The daily MACD line is above its signal line since February 22, 2024. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.52
Williams' Percentage Range (W%R) 21.80
Lane's Stochastic (%D-Slow) 85.66
Overbought
Greed/Fear Indicator (GFI) 80.46
Overbought
Moving Average Converg./Diverg. (MACD) 4.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 85.26
Overbought
Williams' Percentage Range (W%R) 7.90
Strong Overbought
Lane's Stochastic (%D-Slow) 92.92
Strong Overbought
Greed/Fear Indicator (GFI) 83.33
Overbought
Moving Average Converg./Diverg. (MACD) 4.07
Trading Signals
Description Value Chart
Upper Bollinger Band 178.82
Daily Stochastic Crossing 176.51
Price 175.53
Weekly Stochastic Crossing 175.41
Parabolic System 173.46
20 Day Moving Average 167.90
50 Day Moving Average 158.78
Lower Bollinger Band 158.12
Sector and Industry
Description Name Rank
Sector Industrials 12
Industry Industrial Machinery 105
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 159.48
Low Date 02/20/2024
High 177.64
High Date 03/13/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 143.97
Low Date 01/17/2024
High 177.64
High Date 03/13/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 127.25
Low Date 10/31/2023
High 177.64
High Date 03/13/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 114.49
Low Date 10/13/2022
High 177.64
High Date 03/13/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 136.27
Support 131.76
High 184.00
High Date 01/07/2022
Low 114.49
Low Date 10/13/2022
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.