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Danaher Corp Bullish Moving Average Crossover Alert (DHR)

By Amy Schwartz

Today, shares of Danaher Corp (NYSE:DHR) have advanced above their 10-day MA of $100.40 on a volume of 159K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Danaher Corp has traded in a range of $74.34 to $104.82 and is now at $100.59, 35% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

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