Danaher (DHR) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for DHR · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$194.78last close · Aug 4, 202652-week range $160.93 – $242.80 · 19.78% below the high

DHR Rising Wedge Pattern

DHR is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $183.48 (−10.1%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; DHR's own rising wedges have hit 43.8%.

DirectionBearishTarget$183.48Projected move−10.1%Breakout level$201.22

New to this pattern? What a rising wedge is and how to trade it →

DHR's Most Recent Bullish Pennant Trade

DHR's most recent completed bullish pennant resolved as a loss: it broke higher on Jan 5, 2026 near $233.18, then was stopped out at $219.62 on Jan 29, 2026 — a -1.28R move (5.8%) over 17 sessions. Across 159 backtested bullish pennants, this setup wins 56.6% of the time.

OutcomeLossResult-1.28REntry$233.18Exit$219.62

Learn about bullish pennant

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
DHR win rate
43.8%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

DHR Pattern Trade History

Every completed pattern trade our nightly backtest found on DHR's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantJan 5, 2026 @ $233.18Jan 29, 2026 @ $219.62Loss-1.28R
TriangleDec 15, 2025 @ $225.90Jan 5, 2026 @ $235.36Loss-1.37R
Rising WedgeSep 2, 2025 @ $204.56Sep 15, 2025 @ $188.74Win+1.67R
Rising WedgeJul 14, 2025 @ $199.61Aug 13, 2025 @ $209.14Loss-1.12R
TriangleJun 6, 2025 @ $194.95Sep 24, 2025 @ $185.91Loss-1.01R
TriangleMay 14, 2025 @ $195.38Jun 10, 2025 @ $202.62Loss-1.14R
TriangleMar 27, 2025 @ $208.77Apr 3, 2025 @ $197.99Win+1.63R
Rising WedgeJan 24, 2025 @ $246.82Jan 29, 2025 @ $223.73Loss-1.56R
Falling WedgeJan 2, 2025 @ $231.70Jan 29, 2025 @ $223.73Loss-1.27R
Falling WedgeOct 22, 2024 @ $264.03Oct 23, 2024 @ $254.55Win+0.62R
Rising WedgeMar 8, 2024 @ $253.06Apr 18, 2024 @ $234.49Win+3.13R
Rising WedgeDec 22, 2023 @ $228.58Dec 27, 2023 @ $232.86Loss-1.03R

DHR Support and Resistance Levels

Price is being turned away at a ceiling near $198.68 and starting to slide. On the weekly chart, the next floor below sits near $171.00 — about 12% away.

  • Traders commonly watch $171.00 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $198.68 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $169.36, resistance near $200.69. These are chart/swing-derived levels, not formula pivots.

Resistance
$200.69$207.11$239.11$242.03$301.93$501.92$607.78
Support
$169.36$160.79$160.48

DHR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$197.93$200.36$192.91$194.78
Aug 3, 2026$197.34$199.31$195.77$197.50
Jul 31, 2026$197.49$198.58$192.62$194.98
Jul 30, 2026$194.65$196.86$193.14$196.17
Jul 29, 2026$199.93$203.05$195.77$196.49
Jul 28, 2026$200.73$209.90$198.46$199.05
Jul 27, 2026$191.39$196.63$189.85$196.50
Jul 24, 2026$193.08$194.80$190.00$191.50
Jul 23, 2026$185.12$192.89$183.87$192.50
Jul 22, 2026$178.47$180.12$173.00$179.14

DHR Frequently Asked Questions

What chart pattern is DHR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Danaher (DHR) on the daily chart, with a measured-move target of $183.48.
Is a rising wedge bullish or bearish?
The rising wedge detected on DHR is a bearish pattern, projecting a measured-move target of $183.48. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for DHR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), DHR's nearest support is around $169.36 and nearest resistance around $200.69.
What is the price target if DHR's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $183.48 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was DHR's closing price on Aug 4, 2026?
Danaher (DHR) last closed at $194.78 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.