Dover Stock Technical Analysis

DOV
 Stock
  

USD 120.77  1.01  0.83%   

As of the 29th of June, Dover Corp shows the mean deviation of 1.49, and Coefficient Of Variation of (548.94). Dover Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Dover Corp, which can be compared to its rivals. Please confirm Dover Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Dover Corp is priced favorably, providing market reflects its regular price of 120.77 per share. Given that Dover Corp has jensen alpha of (0.19), we urge you to verify Dover Corp's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Dover Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dover, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Dover
Dover Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Dover Corp Analyst Consensus

Target PriceAdvice# of Analysts
186.27Buy11Odds
Dover Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Dover analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dover stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dover Corp, talking to its executives and customers, or listening to Dover conference calls.
Dover Analyst Advice Details
Dover Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Dover Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dover Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Dover Corp Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Dover Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Dover Corp Trend Analysis

Use this graph to draw trend lines for Dover Corp. You can use it to identify possible trend reversals for Dover Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Dover Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Dover Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dover Corp applied against its price change over selected period. The best fit line has a slop of   -0.54  , which may imply that the returns on investment in Dover Corp will continue to fail. It has 122 observation points and a regression sum of squares at 10868.43, which is the sum of squared deviations for the predicted Dover Corp price change compared to its average price change.

About Dover Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Dover Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Dover Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dover Corp stock first instead of the macroeconomic environment surrounding Dover Corp. By analyzing Dover Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Dover Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Dover Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2022 (projected)
Long Term Debt to Equity0.980.920.67
Interest Coverage8.428.6111.8

Dover Corp June 29, 2022 Technical Indicators

Most technical analysis of Dover help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dover from various momentum indicators to cycle indicators. When you analyze Dover charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Dover Corp June 29, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Dover stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Investing Opportunities. Note that the Dover Corp information on this page should be used as a complementary analysis to other Dover Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Dover Stock analysis

When running Dover Corp price analysis, check to measure Dover Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dover Corp is operating at the current time. Most of Dover Corp's value examination focuses on studying past and present price action to predict the probability of Dover Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dover Corp's price. Additionally, you may evaluate how the addition of Dover Corp to your portfolios can decrease your overall portfolio volatility.
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Is Dover Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dover Corp. If investors know Dover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dover Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.031
Market Capitalization
17.8 B
Quarterly Revenue Growth YOY
0.099
Return On Assets
0.0823
Return On Equity
0.29
The market value of Dover Corp is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover Corp's value that differs from its market value or its book value, called intrinsic value, which is Dover Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dover Corp's market value can be influenced by many factors that don't directly affect Dover Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dover Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Dover Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.