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19.8% Return Seen to Date on SmarTrend Dover Corp Call (DOV)

By Shiri Gupta

SmarTrend identified a Downtrend for Dover Corp (NYSE:DOV) on March 2nd, 2018 at $97.55. In approximately 3 months, Dover Corp has returned 19.77% as of today's recent price of $78.26.

Over the past year, Dover Corp has traded in a range of $75.74 to $109.06 and is now at $78.26, 3% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

Dover Corporation manufactures a variety of specialized industrial products and manufacturing equipment. The Company's products include material handling equipment, refuse truck bodies, tank trailers, refrigeration systems, refrigeration display cases, marking and coding systems, sucker rods, drill bit inserts, nozzles, swivels and breakaways, and electronic technology equipment.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Dover Corp.

Log in and add Dover Corp (DOV) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights dover corp

Ticker(s): DOV