Danaher: the buy signal gives way to a sell
Danaher drops 6% after earnings as a fresh sell signal opens
Danaher: the buy signal gives way to a sell
Our view last week
Danaher stock gains 2.4% this week and prints a fresh 7-day high in the 206 area, but underneath the surface the push is fading: daily buyer dominance drops from 83% last week to 38% today, while the weekly ADX loses conviction. In this week's technical analysis, the buy signal is in its sixth week and the trade sits at +10.6%, with the stop already at breakeven. Earnings land this very week, and that adds weight to the read.
This week's summary
Danaher stock drops 6% in the week following earnings, and the buy signal that had been running for six weeks at +10.6% gives way to a fresh sell signal. In this week's technical analysis, signal strength is very high, at 93 out of 100, describing a decline that has just started and is already making lower lows. The stock enters 14th among the 141 US sell signals, with trading flagged as not recommended on the new entry.
IQS Phase
72
in tension
Signal Strength
93
decline starting to make lower lows
Sizing
STANDARD
Ranking
#14 / 141
New us stocks
Trade P&L %
+0.00%
from signal to today
Rank position
ranks 14th among the 141 sell signals for US stocks in our ranking, with a signal strength of 93 out of 100.
Sector context
SectorHealth Care
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly +0.92% · monthly +6.01%
DHR belongs to the health care sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
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