Darden's most recent trend suggests a bullish bias. One trading opportunity on Darden is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 11.11% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Darden 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 Darden is bullish.
The RSI indicator is at 75.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Darden
Darden IDR cut by Fitch to ‘BBB-‘ from ‘BBB', outlook stable
Thu, 17 Oct 2013 20:50:26 GMT
Fitch Downgrades Darden's IDRs to ‘BBB-/F3'; Outlook Stable
Thu, 17 Oct 2013 20:43:00 GMT
Business Wire – Fitch Ratings has downgraded the ratings of Darden Restaurants, Inc. as follows:
Midday Glance: Restaurant companies
Thu, 17 Oct 2013 17:26:36 GMT
Midday Glance: Restaurant companies
Thu, 17 Oct 2013 17:26:36 GMT
AP – Shares of some top restaurant companies are mixed at 1 p.m.: Brinker International Inc. rose $.10 or .2 percent, to $40.94. Chipotle Mexican Grill Inc. rose $3.88 or .9 percent, to $441.95. Darden Restaurants …
Barington suggests Darden form 2 separate cos.
Thu, 17 Oct 2013 16:18:17 GMT
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