Danaher Corporation (DHR) “On a long-term technical basis, the stock (DHR) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 147.33 and 139.33. If the stock breaks down through support at 147.33 then it will probably continue lower to 139.33. The stock will meet resistance at 150.50 and 165.75. If the stock breaks up through resistance at 150.50 then it will probably continue higher to 165.75. The 200-day moving average is at 137.10. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (90.51).”

Danaher Corporation (DHR) “On a long-term technical basis, the stock (DHR) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 147.33 and 139.33. If the stock breaks down through support at 147.33 then it will probably continue lower to 139.33. The stock will meet resistance at 149.63 and 165.75. If the stock breaks up through resistance at 149.63 then it will probably continue higher to 165.75. The 200-day moving average is at 136.96. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (89.72).”