Danaher's most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 12.36% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $72.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Danaher is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Danaher is bullish.
The RSI indicator is at 72.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Danaher
[$$] Danaher Seeks Extra Bite With $2.1 Billion Swiss Dental Deal
Tue, 16 Sep 2014 01:32:54 GMT
The Wall Street Journal – Danaher said it will acquire Swiss dental-implant maker Nobel Biocare in a cash deal worth about $2.1 billion as the U.S. industrial and healthcare technology group sharpens its position in the dental …
Danaher, Nobel in $2.2 bil deal
Mon, 15 Sep 2014 22:53:00 GMT
DANAHER CORP /DE/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Mon, 15 Sep 2014 20:10:29 GMT
Danaher Buying Swiss Dental Firm For $2.2 Billion
Mon, 15 Sep 2014 15:10:00 GMT
Danaher CEO Joyce Sinks Teeth Into Dental Care Company Nobel Biocare
Mon, 15 Sep 2014 15:03:00 GMT
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