Danaher's most recent trend suggests a bearish bias. One trading opportunity on Danaher is a Bear Call Spread using a strike $77.50 short call and a strike $82.50 long call offers a potential 6.38% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $77.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $82.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Danaher is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Danaher is bearish.
The RSI indicator is at 35.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Danaher
BTIG Initiates Coverage On Danaher Corporation
Fri, 03 Oct 2014 12:22:22 GMT
Danaher purchases Nobel Biocare for US$2.2Bn to become world’s largest company in the dental equipment market
Fri, 26 Sep 2014 00:00:00 GMT
Sigma-Aldrich's $17 billion buyout seen as boost for lab supplier VWR
Tue, 23 Sep 2014 17:49:49 GMT
3 Industrial Goods Stocks Dragging The Sector Down
Tue, 23 Sep 2014 17:04:00 GMT
Danaher Schedules Third Quarter 2014 Earnings Conference Call
Mon, 22 Sep 2014 20:46:02 GMT
Thomson Reuters ONE – Washington, D.C., September 22, 2014 – Danaher Corporation (NYSE:DHR) announced today that it will webcast its quarterly earnings conference call for the third quarter 2014 on Thursday, October 16, 2014 …
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