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 17 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 74.44 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
Is Danaher Corporation (DHR) A Good Stock To Buy ?
Sun, 01 Dec 2019 00:00:25 +0000
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Danaher To Present At Evercore ISI HealthCONx Conference
Wed, 27 Nov 2019 21:30:00 +0000
Danaher Corporation (NYSE: DHR) announced that Executive Vice President and Chief Financial Officer, Matt McGrew, will be presenting at the Evercore ISI HealthCONx Conference on Thursday, December 5, 2019 at 8:45 a.m. ET. The audio will be simultaneously webcast and then archived on www.danaher.com.
GE Named a New CFO. Why CEO Larry Culp Says It Hired the Right Woman for the Job.
Mon, 25 Nov 2019 18:56:00 +0000
Analysts had been looking for GE to hire a “rock star” CFO, and the Street is weighing in now that a selection has been made. CEO Larry Culp has some thoughts on the choice too.
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