Danaher Corporation (DHR)
Danaher Corporation is a leading American diversified conglomerate headquartered in Washington, D.C., renowned for its innovative solutions across various sectors. With a strategic focus on Life Sciences, Diagnostics, and Environmental & Applied Solutions, Danaher leverages advanced technologies to enhance healthcare and industrial processes globally. The company's robust portfolio underscores its commitment to improving patient outcomes and operational efficiencies, making it a key player in the global market for scientific and diagnostic products.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 24.70% per annum.
- DHR price at the close of October 31, 2025 was $215.38 and was higher than the top border of the primary price channel by $11.63 (5.71%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 17.97% per annum.
- DHR price at the close of October 31, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of DHR price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 9, 2024
End date: September 30, 2025
a = 6.6112
b = -0.0008
s = 0.0613
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -24.70%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0613) – 1
= 27.80%
May 9, 2024 calculations
Top border of price channel:
Exp(Y883)
= Exp(a + b × X883 + 2 × s)
= Exp(a + b × 1,283 + 2 × s)
= Exp(6.6112 + -0.0008 × 1,283 + 2 × 0.0613)
= Exp(5.7366)
= $310.01
Bottom border of price channel:
Exp(Y883)
= Exp(a + b × X883 – 2 × s)
= Exp(a + b × 1,283 – 2 × s)
= Exp(6.6112 + -0.0008 × 1,283 – 2 × 0.0613)
= Exp(5.4913)
= $242.58
September 30, 2025 calculations
Top border of price channel:
Exp(Y1,231)
= Exp(a + b × X1,231 + 2 × s)
= Exp(a + b × 1,792 + 2 × s)
= Exp(6.6112 + -0.0008 × 1,792 + 2 × 0.0613)
= Exp(5.3410)
= $208.72
Bottom border of price channel:
Exp(Y1,231)
= Exp(a + b × X1,231 – 2 × s)
= Exp(a + b × 1,792 – 2 × s)
= Exp(6.6112 + -0.0008 × 1,792 – 2 × 0.0613)
= Exp(5.0957)
= $163.32
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 24.70% per annum.
- DHR price at the close of October 31, 2025 was $215.38 and was higher than the top border of the primary price channel by $11.63 (5.71%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 3, 2025
End date: October 31, 2025
a = 4.5111
b = 0.0005
s = 0.0375
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 17.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0375) – 1
= 16.20%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,108)
= Exp(a + b × X1,108 + 2 × s)
= Exp(a + b × 1,612 + 2 × s)
= Exp(4.5111 + 0.0005 × 1,612 + 2 × 0.0375)
= Exp(5.3162)
= $203.61
Bottom border of price channel:
Exp(Y1,108)
= Exp(a + b × X1,108 – 2 × s)
= Exp(a + b × 1,612 – 2 × s)
= Exp(4.5111 + 0.0005 × 1,612 – 2 × 0.0375)
= Exp(5.1661)
= $175.22
October 31, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.5111 + 0.0005 × 1,823 + 2 × 0.0375)
= Exp(5.4117)
= $224.02
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.5111 + 0.0005 × 1,823 – 2 × 0.0375)
= Exp(5.2616)
= $192.79
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 17.97% per annum.
- DHR price at the close of October 31, 2025 was inside the secondary price channel.