Danaher (DHR) Offering Possible 31.58% Return Over the Next 22 Calendar Days

view original post

Danaher’s most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $320.00 short put and a strike $315.00 long put offers a potential 31.58% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $320.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $315.00 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 59.32 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Danaher

GuidePath Tactical Allocation Fund Buys Laboratory Corp of America Holdings, Alphabet Inc, The …
Tue, 28 Dec 2021 07:38:10 +0000
Investment company GuidePath Tactical Allocation Fund (Current Portfolio) buys Laboratory Corp of America Holdings, Alphabet Inc, The Cooper Inc, Microsoft Corp, Tyson Foods Inc, sells ProShares UltraPro S&P 500 ETF, Procter & Gamble Co, Humana Inc, First Horizon Corp, Electronic Arts Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, GuidePath Tactical Allocation Fund.

DANAHER SCHEDULES FOURTH QUARTER 2021 EARNINGS CONFERENCE CALL
Mon, 27 Dec 2021 21:15:00 +0000
Danaher Corporation (NYSE: DHR) announced that it will webcast its quarterly earnings conference call for the fourth quarter 2021 on Thursday, January 27, 2022 beginning at 8:00 a.m. ET and lasting approximately 1 hour.

My 5 Favorite Industrial Stocks for 2022
Mon, 27 Dec 2021 15:46:00 +0000
Two blue-chip value stocks, a growth at reasonable price stock, a growth stock with upside potential, and a COVID-19 pandemic play make up a list of five stocks to buy for 2022.

Danaher Corporation’s (NYSE:DHR) Stock Been Rising: Are Strong Financials Guiding The Market?
Fri, 24 Dec 2021 15:13:16 +0000
Danaher’s (NYSE:DHR) stock up by 2.3% over the past month. Since the market usually pay for a company’s long-term…

Danaher (DHR) Gains But Lags Market: What You Should Know
Thu, 23 Dec 2021 22:50:10 +0000
In the latest trading session, Danaher (DHR) closed at $320.79, marking a +0.35% move from the previous day.

Be Sociable, Share!

Related Posts