Dover Corporation | DOV

Daily Technical Analysis of Dover Corporation

Dover is up a bit on the day, funds flowing in kept the price up 1.45% since yesterday. It looks like DOV may be interacting with a downward sloping Support line. It may find or support at this level or it's momentum can continue downward. In addition to being near an angled support line DOV is near a moderate strength horizontal support line. This represents a potential pivot point where the price might find support and move upward. But it can also break through this line in which case there might be a burst of selling on the other side. DOV hasn't established a very clear directional momentum over the last few months. So it's not clear if it has the energy to get a very good bounce at this point or not.

If we get a reversal off of support and Dover starts moving up, it can probably get to $206.6 at which point it'll need to break through that resistance level in order to keep moving higher. If it punches through this support level, it can easily push down to $154.86 where it may meet further support, hopefully it can consolidate around that point.

Last analyzed on 2025-03-31

Analyst Ratings for Dover By Price Target And Rating

The analysts are pretty neutral on Dover right now, so not much useful information here. The current Analysts Sentiment Score is 1.20. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-26 Barclays increased their price target by 3.33% to $186.00. Mizuho gave a boost to their price target and moved to $185.00 from $180.00 on 2024-04-26. Robert W. Baird provided a price target boost of 12.43% to $208.00 from $185.00 on 2024-04-26. Oppenheimer gave a boost to their price target and moved to $187.00 from $177.00 on 2024-04-18. On 2024-04-08 Citigroup increased their price target by 13.89% to $205.00. Seaport Res Ptn upgraded from Neutral to Buy on 2024-02-05. Royal Bank of Canada gave a boost to their price target and moved to $153.00 from $146.00 on 2024-02-02. Wells Fargo & Company boosted their price targ by 19.29% to $167.00 on 2023-12-19. JPMorgan Chase & Co. provided a price target decease of -5.26% to $162.00 from $171.00 on 2023-10-25.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
DOV	1.20	0.97	0	1.87	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-11)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
DOV	0.00	0.00

Short interest for Dover

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
DOV	1.83	%1.4	2.3	-1.716	2010000

How Dover compares to the broader Industrials sector and the more specific Industrial Products industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Industrial Products Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	75	1.47	-0.74	-1.69	-4.41	-4.73	3.16	44.24	-10.72	-3.40	0.26	-12569.42	-6156.26	9.33	1.33	3.49	0.60
Industrials Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	277	1.72	-0.10	-0.35	-6.08	-6.12	0.27	47.58	-9.88	-8.47	-7.50	-14645.29	-9313.17	13.27	1.62	3.62	0.58

Social Sentiment for Dover

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
DOV

Companies with the highest correlation to Dover

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
JCI \| Johnson Controls Internat	1.77	1.79	0.84	2.21	4.53	7.88	26.50	43	8.90	16.10	35.24	-3096.91	-15675.72	1.65854
ETN \| Eaton Corporation, plc Or	1.71	2.58	1.04	2.27	-18.57	-13.35	-9.82	30	-25.24	-13.09	-17.61	-11830.35	177.65	1.33268
CARR \| Carrier Global Corporatio	1.53	2.36	-0.96	-0.50	-5.34	-18.03	14.51	37	-17.40	-10.29	-11.47	-3444.42	-2497.59	5.17618
IEX \| IDEX Corporation	1.4	1.19	-0.34	-2.23	-12.43	-13.75	-23.49	43	-22.97	-13.33	-22.85	-23148.30	-456.18	3.17679
HUBB \| Hubbell Incorporated	1.39	2.63	-0.11	-1.35	-22.46	-20.05	-17.79	46	-31.52	-16.06	-17.36	-19196.17	176.15	1.22049
ITW \| Illinois Tool Works Inc.	1.37	1.50	0.19	-4.78	0.83	-3.41	-4.36	38	0.87	1.42	2.88	-6109.41	302.69	4.81699
ITT \| ITT Inc.	1.32	1.75	-0.46	-2.95	-6.91	-9.75	2.50	40	-4.33	-3.93	-5.10	-8515.35	297.95	1.7245
TT \| Trane Technologies plc	1.32	1.84	0.39	1.82	-9.28	-10.01	16.95	43	-8.92	-5.73	-8.58	-6117.03	173.02	1.60675

Top 3 correlating companies

See full charts for all peers

Research

Estimates

Ratings

Short Interest

Smart Money

Options

Financials

Social

Misc