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Shares of Danaher Corp Rise Above Previous 52-Week High

By Amy Schwartz

Shares of Danaher Corp (NYSE:DHR) traded at a new 52-week high today of $106.47. So far today approximately 163,000 shares have been exchanged, as compared to an average 30-day volume of 2 million shares.

Potential upside of 2.1% exists for Danaher Corp, based on a current level of $106.47 and analysts' average consensus price target of $108.67. The stock should find initial support at its 50-day moving average (MA) of $101.63 and further support at its 200-day MA of $99.38.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial and commercial products, and services in the sectors of test and measurement, environmental, life sciences, dental, and industrial technologies.

Danaher Corp share prices have moved between a 52-week high of $106.47 and a 52-week low of $83.81 and are now trading 27% above that low price at $106.47 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

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: 52 week high/lows Danaher Corp

Ticker(s): DHR