What chart pattern is ChartPattern.io tracking on Danaher Corporation?
ChartPattern.io is currently tracking Double Bottom on Danaher Corporation in the Healthcare stock. Secondary context includes Rounding Bottom.
Live Healthcare stock scanner page for Danaher Corporation. Review the double bottom setup, chart structure, and trade levels in one place.
Technical analysis of Danaher Corporation (DHR) reveals a significant setup. With a last close of $200.53, volatility remains active (-2.11%). Price action has carved out a classic Double Bottom. This setup is supported by average volume turnover. A potential breakout level is identified at $220.67, targeting $248.72 with support near $206.64 (R:R 2.0).
DHR is part of the Healthcare stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $220.67, a stop around $206.64, and a target near $248.72.
Double Bottom
54/100 CP Index
Entry $220.67 · Stop $206.64 · Target $248.72
Use advanced tools to confirm the Double Bottom on DHR before you trade.
Reversal pattern after a downtrend.
Gradual reversal from bearish to bullish.
What is your outlook on DHR?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on DHR.
ChartPattern.io is currently tracking Double Bottom on Danaher Corporation in the Healthcare stock. Secondary context includes Rounding Bottom.
The current trade plan points to an entry near $220.67, a stop near $206.64, and a target near $248.72.
Danaher Corporation currently leans neutral. The page is showing a CP Index of 54/100, which helps summarize the current technical setup.