Darden's most recent trend suggests a bearish bias. One trading opportunity on Darden is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 13.64% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Darden 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 Darden is bearish.
The RSI indicator is at 28.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Darden
Final Glance: Restaurant companies
Tue, 14 Jan 2014 23:02:54 GMT
Final Glance: Restaurant companies
Tue, 14 Jan 2014 23:02:54 GMT
AP – Shares of some top restaurant companies were mixed at the close of trading: Brinker International Inc. rose $1.70 or 3.8 percent, to $46.77. Chipotle Mexican Grill Inc. rose $.48 or .1 percent, to $530.28. …
Shorts Are Piling Into These Stocks. Should You Be Worried?
Tue, 14 Jan 2014 21:17:09 GMT
Darden Restaurants To Slim Down
Tue, 14 Jan 2014 20:06:00 GMT
Forbes – Activist shareholders are stepping up pressure on Darden Restaurants, owner of the Red Lobster and Olive Garden chains, pushing for a broader breakup of the restaurant conglomerate. On December 19, 2013, Darden Restaurants (NYSE: DRI-$51.19, Market Capitalization: $6.7 billion), a full-service restaurant company, announced a plan to spin-off its Red […]
Midday Glance: Restaurant companies
Tue, 14 Jan 2014 18:34:07 GMT
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