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Dover Corp: 52-Week High Recently Eclipsed (DOV)

By James Quinn

Shares of Dover Corp (NYSE:DOV) traded at a new 52-week high today of $104.44. So far today approximately 121,000 shares have been exchanged, as compared to an average 30-day volume of 775,000 shares.

Dover Corp (NYSE:DOV) is currently priced 15.0% above its average consensus analyst price target of $86.16. Dover Corp shares have support at the 50-day moving average (MA) of $94.63 and additional support at the 200-day MA of $92.98.

Dover Corp share prices have moved between a 52-week high of $104.44 and a 52-week low of $65.83 and are now trading 54% above that low price at $101.34 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.

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

Keywords: 52 week high/lows dover corp

Ticker(s): DOV