Newfield's most recent trend suggests a bullish bias. One trading opportunity on Newfield is a Bull Put Spread using a strike $43.00 short put and a strike $38.00 long put offers a potential 9.89% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $43.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $38.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Newfield 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 Newfield is bullish.
The RSI indicator is at 78.24 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 Newfield
Dow Hits All-Time High, S&P 500 Surpasses Record 2,000 Milestone
Tue, 26 Aug 2014 16:12:30 GMT
Newfield Exploration to Present at Upcoming Events
Sat, 23 Aug 2014 19:27:04 GMT
noodls – THE WOODLANDS, Texas, Aug. 23, 2014 /PRNewswire/ — Newfield Exploration Company (NYSE: NFX) is scheduled to present at the following events: Barclays Capital CEO Energy-Power Conference * 9:05 a.m. (Eastern), …
Newfield Exploration to Present at Upcoming Events
Sat, 23 Aug 2014 18:45:00 GMT
PR Newswire – THE WOODLANDS, Texas, Aug. 23, 2014 /PRNewswire/ — Newfield Exploration Company (NYSE: NFX) is scheduled to present at the following events: Barclays Capital CEO Energy-Power Conference * 9:05 a.m. …
NEWFIELD EXPLORATION CO /DE/ Financials
Wed, 06 Aug 2014 17:04:15 GMT
NEWFIELD EXPLORATION CO /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclos
Thu, 31 Jul 2014 15:21:34 GMT
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