Ingersoll-Rand's most recent trend suggests a bullish bias. One trading opportunity on Ingersoll-Rand is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 11.11% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Ingersoll-Rand 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 Ingersoll-Rand is bullish.
The RSI indicator is at 53.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ingersoll-Rand
U.S. architecture billings index hits highest level since 2007
Wed, 20 Aug 2014 04:01:00 GMT
Reuters – The Architecture Billings Index, considered a leading indicator of U.S. “The last three months have shown steadily increasing demand for design services, and the Architecture Billings Index (ABI) is now at its highest level since 2007,” the institute said in a statement.
Ingersoll to Acquire Cameron's Centrifugal Compression Unit
Tue, 19 Aug 2014 19:35:02 GMT
How Will Ingersoll-Rand (IR) Stock React To This Ratings Downgrade?
Tue, 19 Aug 2014 13:11:00 GMT
Story Stocks from Briefing.com
Tue, 19 Aug 2014 13:10:52 GMT
Briefing.com – Story Stocks from Briefing.com
Ingersoll-Rand downgraded by Robert W. Baird
Tue, 19 Aug 2014 10:58:48 GMT
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