StockCharts TV on $DHR (Oct 28, 2026)
DHR's crosses of the MACD zero line and the 72-week (18-month) line lacked ADX strength and failed, showing a downtrend rather than a breakout; with no respect for the zero or 18-month line, the speaker says to avoid it and not mess with this stock.
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Let me give you another example of something that was inaccurate. Notice how DHR's stock is moving upwards, crossing the zero line on the MACD indicator, without showing real strength on the ADX indicator, but we are crossing the 72-week or 18-month line, right?
We cross upwards, but then we come back and cross strongly downwards , and we do the same thing here, and then we fail even at the 18-month line, which clearly shows that there is a downward trend and not a breakout, do you understand?
Then we reversed upwards again. This is not a breakout; it was completely erased and crossed the 72-week line, then immediately returned to descend across the 72-week line, and the MACD returned to descend across the zero line.
Note the strength of the downside in each of these signals. This basically tells us not to mess with this stock. He has absolutely no respect for the zero line here. There is no respect for the 18-month line.
It keeps going up and down, doesn't it? Therefore, we really don't want to mess with stocks like these. We want to avoid this type of pattern.