Cerner's most recent trend suggests a bullish bias. One trading opportunity on Cerner is a Bull Put Spread using a strike $55.00 short put and a strike $45.00 long put offers a potential 18.34% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $8.45 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cerner 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 Cerner is bullish.
The RSI indicator is at 70.96 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 Cerner
Cerner Reports Second Quarter 2014 Results
Thu, 24 Jul 2014 22:14:05 GMT
noodls – July 24, 2014 Strong Bookings, Revenue, Earnings and Cash Flow KANSAS CITY, Mo. – July 24, 2014 – Cerner Corporation (Nasdaq: CERN) today announced results for the 2014 second quarter that ended June 28, …
[$$] Health-Care IT Firm Cerner Posts Higher Profit
Thu, 24 Jul 2014 20:30:05 GMT
The Wall Street Journal – Health-care information-technology company Cerner Corp.'s second-quarter earnings rose 14% on quarterly gains in both bookings and revenue.
Cerner Corp Earnings Call scheduled for 4:30 pm ET today
Thu, 24 Jul 2014 20:30:00 GMT
4:11 pm Cerner reports EPS in-line, beats on revs; guides Q3 EPS in-line, revs above consensus; raises FY14 guidance ever so slightly
Thu, 24 Jul 2014 20:11:00 GMT
CERNER CORP /MO/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
Thu, 24 Jul 2014 20:04:51 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook