Cameron's most recent trend suggests a bearish bias. One trading opportunity on Cameron is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 9.89% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 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 rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cameron 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 Cameron is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Cameron
Cameron International (CAM) Downgraded From Buy to Hold
Tue, 16 Dec 2014 15:00:00 GMT
Cameron Shows Bottom Line Growth, Pricing Worries Remain
Fri, 12 Dec 2014 19:50:02 GMT
RB_25_2014 – Launch of the Capital Group’s product structure ordering process
Thu, 04 Dec 2014 17:07:57 GMT
noodls – CAM Media S CAM Media SA CURRENT REPORT No. 25/2014 Subject: Launch of the Capital Group's product structure ordering process Generic legal grounds: Art. 56 sec. 1 item 1 of the Public Offering Act – confidential …
Cameron (CAM) Wins Deal for Offshore Hebron Project
Tue, 02 Dec 2014 22:20:39 GMT
Cameron Awarded Multi-Year Contract For Hebron Development
Tue, 02 Dec 2014 00:00:00 GMT
PR Newswire – HOUSTON, Dec. 1, 2014 /PRNewswire/ — Cameron (CAM) announced today that it has been awarded a multi-year contract by ExxonMobil Canada Properties for wellhead equipment and production trees for the Hebron project, a 52-well development located offshore Newfoundland. Cameron will supply large-bore, high-pressure equipment including wellheads, production trees and risers. Cameron is a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries.
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