When the Price of Danaher #DHR Talks, People Listen


This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Danaher (NYSE: DHR) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for DHR can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports

Source: Stock Traders Daily

Review the DHR Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Strong Strong Strong
P1 0 0 230.11
P2 252.75 256.22 247.57
P3 254.90 266.16 266.32

Long Term Trading Plans for DHR

May 4, 2021, 10:30 am ET

The Technical Summary and Trading Plans for DHR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DHR Report.

DHR - (Long) Support Plan

The technical summary data tells us to buy DHR near 247.57 with an upside target of 266.32. This data also tells us to set a stop loss @ 246.86 to protect against excessive loss in case the stock begins to move against the trade. 247.57 is the first level of support below 254.67 , and by rule, any test of support is a buy signal. In this case, support 247.57 is being tested, a buy signal would exist.

DHR - (Short) Resistance Plan

The technical summary data is suggesting a short of DHR as it gets near 266.32 with a downside target of 247.57. We should have a stop loss in place at 267.09though. 266.32 is the first level of resistance above 254.67, and by rule, any test of resistance is a short signal. In this case, if resistance 266.32 is being tested, a short signal would exist.


DHR Long Term Analysis for May 4 2021

Swing Trading Plans for DHR

May 4, 2021, 10:30 am ET

The Technical Summary and Trading Plans for DHR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DHR Report.

DHR - (Long) Support Plan

If 256.22 begins to break higher, the technical summary data tells us to buy DHR just over 256.22, with an upside target of 266.32. The data also tells us to set a stop loss @ 255.48 in case the stock turns against the trade. 256.22 is the first level of resistance above 254.67, and by rule, any break above resistance is a buy signal. In this case, 256.22, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

DHR - (Short) Resistance Plan

The technical summary data is suggesting a short of DHR if it tests 256.22 with a downside target of 247.57. We should have a stop loss in place at 256.96 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 256.22, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


DHR Swing Trading Analysis for May 4 2021

Day Trading Plans for DHR

May 4, 2021, 10:30 am ET

The Technical Summary and Trading Plans for DHR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DHR Report.

DHR - (Long) Support Plan

If 254.90 begins to break higher, the technical summary data tells us to buy DHR just over 254.90, with an upside target of 256.22. The data also tells us to set a stop loss @ 254.31 in case the stock turns against the trade. 254.90 is the first level of resistance above 254.67, and by rule, any break above resistance is a buy signal. In this case, 254.90, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

DHR - (Short) Resistance Plan

The technical summary data is suggesting a short of DHR if it tests 254.90 with a downside target of 252.75. We should have a stop loss in place at 255.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 254.90, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


DHR Day Trading Analysis for May 4 2021


DHR EPS Analysis for May 4 2021

DHR Dividend Chart for May 4 2021

DHR Revenue chart for May 4 2021

DHR Growth rate - Quarterly for May 4 2021

DHR Growth rate - Yearly for May 4 2021

DHR PE chart for May 4 2021

DHR PEG chart for May 4 2021