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Downtrend Broken Resist.Archive - 10/23/2026 - Sign In to see current Signals. |
Danaher Corp. (DHR) Technical Analysis
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| Summary:
| | Weekly :     | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Danaher Corp. (DHR). During the week, the DHR climbed 1.46 points, or 0.64%, and closed at 230.50 on Friday, October 23, 2026. Weekly volume was 58% above average. DHR is a member of Health Care Sector. Health Care 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 DHR long-term trend chart] A long-term downtrend had started on August 1, 2024 at 281.70 and reached 160.93 on May 15, 2026. DHR lost 120.77 points, or 42.87%, in 93 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (156.88) is broken. A broken support is considered to be a long-term bullish signal. 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 DHR medium-term trend chart] A medium-term uptrend had started on May 15, 2026 at 160.93 and reached 238.13 on October 22, 2026. DHR gained -77.20 points, or -47.97%, in 22 weeks. The price is now at the 9.88% retracement level.
Weekly Technical Indicators: [See DHR weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See DHR short-term trend chart] A short-term uptrend had started on September 14, 2026 at 199.09 and reached 238.13 on October 22, 2026. DHR gained -39.04 points, or -19.61%, in 38 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (221.28) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 short-term trend.
Daily Technical Indicators: [See DHR daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since October 13, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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