Source: Daily Stock Exchange Traders

Longer term trading plans for DOV
  • Buy DOV on 161.17 target 169.42 stop loss @ 160.7 Details
  • Summary technical data tells us to buy DOV near 161.17 with a bullish target of 169.42. This data also tells us to set a stop loss @ 160.7 to protect against an excessive loss in case the stock starts to move against the trade. 161.17 is the first level of support below 169.08, and by rule, any test of support is a buy signal. In this case, 161.17 support would be tested, so a buy signal would exist.

  • DOV short under 169.42, target 161.17, stop loss @ 169.91 Details
  • The technical summary of the data suggests that the ODV is lower as it approaches 169.42 with a bearish target of 161.17. We should however have a stop loss in place at 169.91. 169.42 is the first resistance level above 169.08, and by rule, any resistance test is a short signal. In this case, if resistor 169.42 is tested, a short signal would exist.

Swing Trading Plans for DOV
  • Buy DOV at 169.42, Target 173.95, Stop Loss @ 168.93 Details
  • If 169.42 starts to break higher, technical summary data tells us to buy DOV just above 169.42, with a bullish target of 173.95. The data also tells us to set a stop loss @ 168.93 in case the stock turns against the trade. 169.42 is the first resistance level above 169.08, and by rule, any breakout above resistance is a buy signal. In this case, 169.42, the initial resistance, would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short DOV near 169.42, Target 167.83, Stop Loss @ 169.91. Details
  • The technical summary of the data suggests a short sale of DOV if it tests 169.42 with a bearish target of 167.83. We should have a stop loss in place at 169.91 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 169.42 is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Day Trading Packages for DOV
  • Buy DOV at 169.42, Target 173.95, Stop Loss @ 169.02 Details
  • If 169.42 starts to break higher, technical summary data tells us to buy DOV just above 169.42, with a bullish target of 173.95. The data also tells us to set a stop loss @ 169.02 in case the stock turns against the trade. 169.42 is the first resistance level above 169.08, and by rule, any breakout above resistance is a buy signal. In this case, 169.42, the initial resistance, would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short DOV near 169.42, Target 167.84, Stop Loss @ 169.82. Details
  • Technical summary data suggests a short sell off of DOV if it tests 169.42 with a bearish target of 167.84. We should have a stop loss in place at 169.82 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 169.42 is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

DOV Technical Summary | Raw data for trading plans

Term → Near Environment Long
Bias Strong Weak Strong
P1 0 0 161.17
P2 166.31 167.83 169.42
P3 167.84 173.95 177.39


DOV Swing Trading analysis for October 29, 2021


DOV Day Trading analysis for October 29, 2021

Technically, Dover Corp (NYSE: DOV) provides opportunities for traders who watch the stock price oscillate over time.

Warning:

This is a static report, the data below was valid at the time of publication, but the support and resistance levels for DOV change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if DOV is testing support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading and long term investment plans for DOV as well. All these elements are proposed under the summary table.

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Fundamental graphics for DOV


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