Danaher Stock Technical Analysis

DHR Stock  USD 250.41  2.70  1.07%   
As of the 24th of April, Danaher shows the Mean Deviation of 1.01, downside deviation of 1.13, and Coefficient Of Variation of 1001.56. Danaher technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Danaher, which can be compared to its peers. Please confirm Danaher coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Danaher is priced favorably, providing market reflects its regular price of 250.41 per share. Given that Danaher has jensen alpha of 0.0266, we urge you to verify Danaher's prevailing market performance to make sure the company can sustain itself at a future point.

Danaher Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Danaher, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Danaher
  
Danaher's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Danaher Analyst Consensus

Target PriceAdvice# of Analysts
246.83Strong Buy26Odds
Danaher current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Danaher analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Danaher stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Danaher, talking to its executives and customers, or listening to Danaher conference calls.
Danaher Analyst Advice Details
Danaher technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Danaher technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danaher trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Danaher Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Danaher volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Danaher Trend Analysis

Use this graph to draw trend lines for Danaher. You can use it to identify possible trend reversals for Danaher as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Danaher price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Danaher Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Danaher applied against its price change over selected period. The best fit line has a slop of   0.05  , which may imply that the returns on investment in Danaher will continue to fail. It has 122 observation points and a regression sum of squares at 103.15, which is the sum of squared deviations for the predicted Danaher price change compared to its average price change.

About Danaher Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Danaher on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Danaher based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Danaher price pattern first instead of the macroeconomic environment surrounding Danaher. By analyzing Danaher's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Danaher's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Danaher specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.003560.0047950.0073250.006958
Price To Sales Ratio7.085.427.137.49

Danaher April 24, 2024 Technical Indicators

Most technical analysis of Danaher help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Danaher from various momentum indicators to cycle indicators. When you analyze Danaher charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Danaher April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Danaher stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Danaher is a strong investment it is important to analyze Danaher's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Danaher's future performance. For an informed investment choice regarding Danaher Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.
Note that the Danaher information on this page should be used as a complementary analysis to other Danaher's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Danaher Stock analysis

When running Danaher's price analysis, check to measure Danaher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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Is Danaher's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaher. If investors know Danaher will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
1.05
Earnings Share
5.44
Revenue Per Share
32.107
Quarterly Revenue Growth
(0.03)
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaher's market value can be influenced by many factors that don't directly affect Danaher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.