DHR

Danaher CorporationHealthcare

$198.61+1.40%

Descending Triangle Rounding Bottom Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$198.61

FEBMARAPR

DHR Descending Triangle Alert

Use advanced tools to confirm the Descending Triangle on DHR before you trade.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$206.34

Stop

$193.68

Target

$231.67

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Rounding Bottom

Gradual reversal from bearish to bullish.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Traders are watching Danaher Corporation (DHR) as price action tightens. Currently at $198.61, the asset is showing upward momentum (1.4%). Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.87x avg) with moderate trend strength (21.0). A potential breakout level is identified at $206.34, targeting $231.67 with support near $193.68 (R:R 2.0).

Community Sentiment

What is your outlook on DHR?

Explore Related Markets

Peer Analysis

Bdx Rectangle Biib Bearish Flag Lly Rectangle Coo Rectangle Isrg Rectangle

Pattern Peers

Cl Descending Triangle Kdp Descending Triangle Ada Descending Triangle Chtr Descending Triangle Xtz Descending Triangle