Donaldson Company (DCI) has been under a strong bear grip, hence the stock is down -1.9% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.66% in the past 1 week. The stock has risen by 1.83% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.43% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.05% and the 50-Day Moving Average is 1.62%.The 200 Day SMA reached 14.64%
Donaldson Company (NYSE:DCI): After opening at $37.12, the stock dipped to an intraday low of $37.1 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $37.545 and the buying power remained strong till the end. The stock closed at $37.33 for the day, a gain of 1.28% for the day session. The total traded volume was 765,896. The stocks close on the previous trading day was $37.33.
Donaldson Company (DCI) : 7 Wall Street analysts covering Donaldson Company (DCI) believe that the average level the stock could reach for the short term is $35.29. The maximum price target given is $41 and the minimum target for short term is around $28, hence the standard deviation is calculated at $4.68.
Donaldson Company, Inc. is a provider and manufacturer of filtration systems and replacement parts. The Company serves customers in the industrial and engine markets, including dust collection, power generation, specialty filtration, compressed air purification, off-road equipment, industrial compressors, heavy trucks and light vehicles. The Companys products are manufactured at 39 plants around the world and through three joint ventures. The Company has two reporting segments: Engine Products and Industrial Products.