Danaher’s most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 5.26% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $65.00 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 65.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Danaher
Danaher reports 4.78% stake in Align Technology
Thu, 14 Nov 2013 17:34:50 GMT
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Thu, 14 Nov 2013 06:42:37 GMT
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Wed, 13 Nov 2013 10:14:14 GMT
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Tue, 12 Nov 2013 14:42:21 GMT
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