Precision's most recent trend suggests a bearish bias. One trading opportunity on Precision is a Bear Call Spread using a strike $210.00 short call and a strike $230.00 long call offers a potential 9.59% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $18.25 would be incurred if the stock rose above the $230.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Precision 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 Precision is bearish.
The RSI indicator is at 23.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Precision
UPDATE: Credit Suisse Downgrades Precision Castparts On Reduced Visibility, Absence Of Near-Term Catalysts
Fri, 23 Jan 2015 12:16:01 GMT
Precision Castparts (PCP) Earnings Report: Q3 2015 Conference Call Transcript
Thu, 22 Jan 2015 22:28:00 GMT
Precision Beats Q3 Earnings, Lags Revenues on Headwinds – Analyst Blog
Thu, 22 Jan 2015 16:20:04 GMT
Precision Castparts Posts Weak Results on Low Oil Demand, Deferred Shipments
Thu, 22 Jan 2015 13:58:12 GMT
PRECISION CASTPARTS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
Thu, 22 Jan 2015 13:28:54 GMT
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