Sysco's most recent trend suggests a bearish bias. One trading opportunity on Sysco is a Bear Call Spread using a strike $40.00 short call and a strike $45.00 long call offers a potential 6.38% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $45.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Sysco 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 Sysco is bearish.
The RSI indicator is at 69.5 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 Sysco
United Natural Foods Beats; Shares Fall On Guidance
Thu, 04 Dec 2014 19:17:00 GMT
Sysco's Moat Narrows
Mon, 01 Dec 2014 12:00:00 GMT
Sysco to Reward Shareholders with 3.4% Hike in Dividend
Fri, 21 Nov 2014 22:20:03 GMT
SYSCO CORP Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Security
Fri, 21 Nov 2014 21:01:10 GMT
Sysco Stock Rises On Report Of Asset Sale
Fri, 21 Nov 2014 19:43:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook