Dover's most recent trend suggests a bearish bias. One trading opportunity on Dover is a Bear Call Spread using a strike $70.00 short call and a strike $80.00 long call offers a potential 19.76% 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 $70.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $8.35 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Dover 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 Dover is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Dover
Dover Trims FY14 Guidance, Provides 3-Year Outlook
Tue, 09 Dec 2014 21:05:02 GMT
Deutsche Bank Downgrades Dover Corp Despite Outsized Exposure
Tue, 09 Dec 2014 16:47:53 GMT
DOVER CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Mon, 08 Dec 2014 21:39:08 GMT
US Equity Markets Ended Lower, led by weakness in energy
Mon, 08 Dec 2014 21:25:50 GMT
Dover Cuts 2014 Guidance On Staff Cuts, Manufacturing
Mon, 08 Dec 2014 18:36:00 GMT
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