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Danaher Corp Bullish Moving Average Crossover Alert (DHR)

By James Quinn

Danaher Corp (NYSE:DHR) crossed over its 10-day moving average of $140.81 on a volume of 390K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Danaher Corp have traded between a low of $94.59 and a high of $145.50 and are now at $141.49, which is 50% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Danaher Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Danaher Corp in search of a potential trend change.

Keywords: moving crosses Danaher Corp

Ticker(s): DHR