Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $42.00 short call and a strike $47.00 long call offers a potential 12.87% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $42.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock rose above the $47.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Haliburton 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 Haliburton is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Haliburton
Will Halliburton (HAL) Stock be Positively Affected Today by This Analyst Action?
Mon, 15 Dec 2014 17:37:00 GMT
Jim Cramer Explains How Lower Oil Prices Affect U.S. Markets
Mon, 15 Dec 2014 17:26:00 GMT
Stock Futures Up, Off Highs; Exxon, Chevron Hint At Rebound
Mon, 15 Dec 2014 14:01:00 GMT
Halliburton to Trim Workforce, Add $75M Charges in Q4
Fri, 12 Dec 2014 21:55:02 GMT
Halliburton (HAL) Stock Lower Today After Cutting 1,000 Jobs as Oil Prices Slide
Fri, 12 Dec 2014 20:17:00 GMT
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