DHR Crosses Below Key Moving Average Level

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In trading on Thursday, shares of Danaher Corp. (Symbol: DHR) crossed below their 200 day moving average of $75.25, changing hands as low as $74.81 per share. Danaher Corp. shares are currently trading off about 4.5% on the day. The chart below shows the one year performance of DHR shares, versus its 200 day moving average: Danaher Corp. 200 Day Moving Average Chart

Looking at the chart above, DHR's low point in its 52 week range is $64.78 per share, with $81.14 as the 52 week high point - that compares with a last trade of $74.84.

According to the ETF Finder at ETF Channel, DHR makes up 5.18% of the Guggenheim S&P Global Water Index ETF (Symbol: CGW) which is trading lower by about 0.4% on the day Thursday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: DHR , CGW

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