Danaher's most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 6.38% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock dropped below the $130.00 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 74.83 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
Was Danaher Corporation's (NYSE:DHR) Earnings Decline Part Of A Broader Industry Downturn?
Wed, 04 Dec 2019 19:45:03 +0000
Understanding Danaher Corporation's (NYSE:DHR) performance as a company requires examining more than earnings from one…
ITT or DHR: Which Is the Better Value Stock Right Now?
Tue, 03 Dec 2019 16:40:04 +0000
ITT vs. DHR: Which Stock Is the Better Value Option?
GE Is Touting Its Health-Care Business. Wall Street Is Still Divided on the Stock.
Tue, 03 Dec 2019 16:27:00 +0000
GE hosted a health-care “teach-in” in Chicago at a medical conference, but so far it isn’t changing analysts’ minds about the stock.
GE’s Health-Care Day Will Focus on What’s Working. Here’s What You Need to Know.
Mon, 02 Dec 2019 13:07:00 +0000
General Electric’s health-case business doesn’t get a lot of attention because it is, well, healthy. Still, the operation is significant for the giant conglomerate.
Is Danaher Corporation (DHR) A Good Stock To Buy ?
Sun, 01 Dec 2019 00:00:25 +0000
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