Screening Filters
Market Cap ≥ 150,000,000,000 (Large Mega-Caps)
- Purpose: Restrict results to companies of similar size/market stature as Danaher (DHR).
- Rationale:
- While your request is about technical similarity, it’s usually more useful to compare DHR to peers in a similar market-cap range.
- Very small or mid-cap stocks can behave differently technically (more volatile, thinner liquidity) even if they share the same indicator readings, so this filter keeps the universe aligned with a DHR-type profile (large, institutional-quality names).
RSI Category: “Moderate”
- Purpose: Match DHR’s current momentum/overbought-oversold condition.
- Rationale:
- RSI (Relative Strength Index) is a core technical indicator measuring recent price momentum.
- If DHR is currently in a “moderate” RSI zone (neither overbought nor oversold), this filter finds other stocks with a similar RSI state.
- This directly answers your request for “same technical indicators” by aligning one of the main ones—RSI level.
PriceAboveMA20 (Price above 20‑day Moving Average)
- Purpose: Capture stocks with short-term trend behavior similar to DHR.
- Rationale:
- The 20-day moving average is a common short-term trend indicator.
- If DHR is currently trading above its 20-day MA, it suggests near-term strength.
- Filtering for PriceAboveMA20 selects stocks that are also in a short-term uptrend, matching DHR’s short-term technical posture.
PriceAboveMA200 (Price above 200‑day Moving Average)
- Purpose: Match DHR’s long-term trend condition.
- Rationale:
- The 200-day MA is a widely watched long-term trend indicator.
- If DHR is above its 200-day MA, it’s generally considered to be in a longer-term uptrend or at least not in a prolonged downtrend.
- Requiring PriceAboveMA200 finds stocks that share this longer-term positive trend structure.
Region: United States
- Purpose: Keep the universe aligned with DHR’s market and regulatory environment.
- Rationale:
- DHR is a U.S.-listed company; U.S. markets have specific trading hours, liquidity patterns, and index structures.
- Technical patterns can differ by region due to market structure and investor base.
- Limiting to U.S. stocks ensures more apples-to-apples technical comparison.
is_index_component: GSPC (S&P 500 components)
- Purpose: Restrict to major U.S. blue-chip stocks like DHR.
- Rationale:
- DHR is part of the S&P 500; constituents of this index tend to share similar liquidity, institutional ownership, and market attention.
- This helps ensure the resulting stocks are of similar “quality tier” and trading characteristics, making their technical indicators more comparable to DHR’s.
Why Results Match Your Request
Together, these filters don’t just copy individual indicators, they approximate the overall technical and market profile of DHR, giving you a list of stocks whose charts and trading behavior are likely to resemble DHR’s current setup.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.