Technical Analysis

Longer Term Trading Plans for DOV

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short DOV slightly under 195.22, target n/a, stop loss @ 195.78 Details

The technical summary data is suggesting a short of DOV as it gets near 195.22, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 195.78. 195.22 is the first level of resistance above 191.48, and by rule, any test of resistance is a short signal. In this case, if resistance 195.22 is being tested, so a short signal would exist.

Swing Trading Plans for DOV

• Buy DOV slightly over 191.56, target 195.22, Stop Loss @ 191.01 Details

If 191.56 begins to break higher, the technical summary data tells us to buy DOV just over 191.56, with an upside target of 195.22. The data also tells us to set a stop loss @ 191.01 in case the stock turns against the trade. 191.56 is the first level of resistance above 191.48, and by rule, any break above resistance is a buy signal. In this case, 191.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DOV slightly near 191.56, target 187.24, Stop Loss @ 192.11. Details

The technical summary data is suggesting a short of DOV if it tests 191.56 with a downside target of 187.24. We should have a stop loss in place at 192.11 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 191.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DOV

• Buy DOV slightly over 191.56, target 193.39, Stop Loss @ 191.11 Details

If 191.56 begins to break higher, the technical summary data tells us to buy DOV just over 191.56, with an upside target of 193.39. The data also tells us to set a stop loss @ 191.11 in case the stock turns against the trade. 191.56 is the first level of resistance above 191.48, and by rule, any break above resistance is a buy signal. In this case, 191.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DOV slightly near 191.56, target 190.78, Stop Loss @ 192.01. Details

The technical summary data is suggesting a short of DOV if it tests 191.56 with a downside target of 190.78. We should have a stop loss in place at 192.01 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 191.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

DOV Technical Summary | Raw Data for the Trading Plans