Reynolds American's most recent trend suggests a bearish bias. One trading opportunity on Reynolds American is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 16.28% 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 $57.50 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock rose above the $62.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Reynolds American 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 Reynolds American is bearish.
The RSI indicator is at 31.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Reynolds American
Jury Orders Reynolds American to Pay $23.6 Billion. Time to Sell?
Wed, 23 Jul 2014 20:08:08 GMT
Lorillard Investor Sues to Halt $25 Billion Reynolds Deal
Wed, 23 Jul 2014 15:18:21 GMT
10 countries where people smoke the most
Tue, 22 Jul 2014 15:54:29 GMT
Reynolds American Gets Burned in Tobacco Lawsuit
Tue, 22 Jul 2014 14:02:03 GMT
Marlboro maker Altria's 2Q profit stays flat
Tue, 22 Jul 2014 13:58:47 GMT
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