• Return to Headlines

Danaher Corp Bullish Moving Average Crossover Alert (DHR)

By Nick Russo

Danaher Corp (NYSE:DHR) shares have crossed bullishly above their 10-day moving average of $131.34 on a volume of 330K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Danaher Corp share prices have been bracketed by a low of $94.59 and a high of $134.50 and are now at $131.51, 39% above that low price. The 200-day and 50-day moving averages have moved 0.45% higher and 1.05% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Danaher Corp and will alert subscribers who have DHR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Danaher Corp

Ticker(s): DHR