General Mills's most recent trend suggests a bearish bias. One trading opportunity on General Mills is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 6.84% return on risk over the next 22 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 $0.32 would be kept by the premium seller. The risk of $4.68 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 General Mills 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 General Mills is bearish.
The RSI indicator is at 23.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for General Mills
Final Glance: Food companies
Fri, 27 Jun 2014 22:02:16 GMT
Final Glance: Food companies
Fri, 27 Jun 2014 22:02:16 GMT
AP – Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. rose $.15 or .5 percent, to $30.85. General Mills Inc. rose $.39 or .8 percent, to $48.05. Hormel Foods Corp. rose …
Better Safe Than Sorry: General Mills Stock Has Downside Risk
Fri, 27 Jun 2014 20:01:00 GMT
Midday Glance: Food companies
Fri, 27 Jun 2014 17:33:16 GMT
Midday Glance: Food companies
Fri, 27 Jun 2014 17:33:16 GMT
AP – Shares of some top food companies are mixed at 1 p.m.: ConAgra Foods Inc. rose $.25 or .8 percent, to $30.95. General Mills Inc. rose $.39 or .8 percent, to $48.05. Hormel Foods Corp. rose $.31 or .7 percent, …
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