Danaher's most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 13.51% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $8.81 would be incurred if the stock dropped below the $155.00 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 74.16 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Danaher
Cepheid Announces Development of Four-in-One Combination Test for SARS-CoV-2, Flu A, Flu B and RSV
Tue, 09 Jun 2020 11:00:00 +0000
Cepheid today announced the development of a next-generation test to assist global efforts in the fight against the spread of COVID-19 during the upcoming respiratory virus season. The Xpert® Xpress SARS-CoV-2/Flu/RSV four-in-one test is expected to deliver qualitative detection of SARS-CoV-2, Flu A, Flu B and RSV from a single patient sample. The test is designed for use on any of Cepheid's more than 25,000 GeneXpert® Systems placed worldwide, with results expected in as little as 35 minutes.
Danaher's (DHR) Product Offerings to Aid Amid Pandemic Scares
Mon, 08 Jun 2020 13:41:01 +0000
Danaher's (DHR) risks from pandemic-related uncertainties are evident from weak sales projections for the second quarter. Demand for acute care diagnostics' related products might aid results.
Top Insider Buys Highlight for the Week of June 5
Sun, 07 Jun 2020 15:28:55 +0000
The largest Insider Buys this week were for Danaher Corp., General Motors Co., VF Corp. and HP Inc. Continue reading…
GE’s Health Care Business Is Recovering. That’s Not Why the Stock Is Soaring.
Fri, 05 Jun 2020 17:36:00 +0000
Citigroup analyst Andrew Kaplowitz says demand is recovering faster than expected, based on a virtual meeting with Kieran Murphy, the health care business’s CEO.
Why Is Danaher (DHR) Up 3.3% Since Last Earnings Report?
Fri, 05 Jun 2020 15:32:03 +0000
Danaher (DHR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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