Dover Stock Technical Analysis

DOV Stock  USD 177.19  0.03  0.02%   
As of the 28th of March, Dover shows the Coefficient Of Variation of 468.94, downside deviation of 0.8638, and Mean Deviation of 0.8133. Dover 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 were able to break down and interpolate data for nineteen technical drivers for Dover, which can be compared to its rivals. Please confirm Dover information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Dover is priced favorably, providing market reflects its regular price of 177.19 per share. Given that Dover has jensen alpha of 0.0571, we urge you to verify Dover's prevailing market performance to make sure the company can sustain itself at a future point.

Dover Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dover, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Dover
  
Dover'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.
Dover 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 Dover technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dover 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...

Dover Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Dover volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Dover Trend Analysis

Use this graph to draw trend lines for Dover. You can use it to identify possible trend reversals for Dover 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 Dover price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Dover Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dover applied against its price change over selected period. The best fit line has a slop of   0.59  , which may imply that Dover will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 13015.15, which is the sum of squared deviations for the predicted Dover price change compared to its average price change.

About Dover 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 Dover 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 Dover based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dover price pattern first instead of the macroeconomic environment surrounding Dover. By analyzing Dover'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 Dover'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 Dover specific price patterns or momentum indicators. Please read more on our technical analysis page.

Dover March 28, 2024 Technical Indicators

Most technical analysis of Dover 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 Dover from various momentum indicators to cycle indicators. When you analyze Dover 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.

Dover March 28, 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 Dover 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 Dover is a strong investment it is important to analyze Dover'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 Dover's future performance. For an informed investment choice regarding Dover Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Dover's price analysis, check to measure Dover'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 Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
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Is Dover'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 Dover. If investors know Dover 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 Dover listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Dover is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover's value that differs from its market value or its book value, called intrinsic value, which is Dover'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 Dover's market value can be influenced by many factors that don't directly affect Dover'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 Dover's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover'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.