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Danaher (DHR) Just Overtook the 200-Day Moving Average
DanaherDanaher(US:DHR) ZACKSยท2025-08-18 14:30

Core Viewpoint - Danaher (DHR) has reached a significant support level and shows potential as a good investment choice from a technical perspective, having recently broken through the 200-day moving average, indicating a long-term bullish trend [1]. Technical Analysis - The 200-day simple moving average is a useful tool for traders and analysts to determine long-term market trends, serving as a support or resistance level [2]. - DHR has experienced an 11% rally over the past four weeks, and currently holds a Zacks Rank of 3 (Hold), suggesting it may be poised for another upward movement [2]. Earnings Estimates - The bullish outlook for DHR is reinforced by positive earnings estimate revisions, with no estimates decreasing in the past two months, while 11 have increased, leading to a rise in the consensus estimate [3]. - Given the important technical indicators and the positive trend in earnings estimate revisions, DHR is recommended for investors to consider adding to their watchlist [3].