General Mills's most recent trend suggests a bullish bias. One trading opportunity on General Mills is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 8.46% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $47.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for General Mills 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 General Mills 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 General Mills
Final Glance: Food companies
Thu, 04 Dec 2014 23:03:08 GMT
Final Glance: Food companies
Thu, 04 Dec 2014 23:03:08 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 …
Midday Glance: Food companies
Thu, 04 Dec 2014 18:41:34 GMT
Midday Glance: Food companies
Thu, 04 Dec 2014 18:41:34 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, …
Early Glance: Food companies
Thu, 04 Dec 2014 16:07:48 GMT
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