Emerson Electric's most recent trend suggests a bullish bias. One trading opportunity on Emerson Electric is a Bull Put Spread using a strike $64.00 short put and a strike $59.00 long put offers a potential 8.7% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $64.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $59.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Emerson Electric 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 Emerson Electric is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Emerson Electric
Emerson Fortifies Oil & Gas Foothold With Paradigm Buyout
Tue, 05 Dec 2017 13:40:01 +0000
Emerson's (EMR) acquisition of Paradigm will enable the company to offer best-in-class, end-to-end Exploration & Production software portfolio offering.
Emerson completes acquisition of Houston company
Mon, 04 Dec 2017 21:05:12 +0000
The deal was announced less than two months ago and was Emerson’s second acquisition within a week targeting tech for the oil and gas industry. “Emerson is positioned to meet customers’ demand for an independent, global provider of comprehensive E&P software solutions,” Emerson Chairman and CEO David Farr said in a press release. Paradigm also brings 500 global employees to Emerson, which averaged about 76,500 employees during its 2017 fiscal year.
Emerson Completes Paradigm Acquisition
Mon, 04 Dec 2017 15:00:00 +0000
Emerson today announced it has completed the purchase of Paradigm®, a leading provider of software solutions to the oil and gas industry.
Analysis: Positioning to Benefit within Emerson Electric, Puma Biotechnology, Amgen, SunCoke Energy Partners, Carrols Restaurant Group, and First Financial — Research Highlights Growth, Revenue, and Consolidated Results
Mon, 04 Dec 2017 13:20:00 +0000
NEW YORK, Dec. 04, 2017– In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of …
See what the IHS Markit Score report has to say about Emerson Electric Co.
Mon, 04 Dec 2017 13:00:41 +0000
Emerson Electric Co NYSE:EMR
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