Constellation Bra's most recent trend suggests a bearish bias. One trading opportunity on Constellation Bra is a Bear Call Spread using a strike $220.00 short call and a strike $230.00 long call offers a potential 19.05% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $220.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $8.40 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 Constellation Bra 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 Constellation Bra is bearish.
The RSI indicator is at 37.78 level which suggests that the stock is neither overbought nor oversold at this time.
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 Constellation Bra
Drake's Whiskey Company Virginia Black Seeks to Raise $30 Million Through IPO
Sat, 13 Jan 2018 14:11:00 +0000
The rapper's bourbon brand plans to raise up to $30 million through an initial public offering sometime after the first quarter of 2018.
Does Constellation Brands' Raised '18 View Signal a Solid Q4?
Fri, 12 Jan 2018 14:00:02 +0000
Constellation Brands' (STZ) raised fiscal 2018 earnings outlook on robust quarterly performance and strength in its beer business.
Time to Focus on Constellation Brands (STZ) for Strong Earnings Growth Potential
Fri, 12 Jan 2018 13:31:01 +0000
Constellation Brands (STZ) is seeing solid earnings estimate revision and has a favorable Zacks rank, making it well positioned for future earnings growth.
Modelo Especial Announces Partnership with UFC Heavyweight Champion Stipe Miocic
Thu, 11 Jan 2018 17:10:26 +0000
CHICAGO, Jan. 11, 2018– Today, Modelo Especial, America’ s fastest-growing beer 1, announced its partnership with UFC ® heavyweight champion, Stipe Miocic. This partnership marks the beer brand’ s first …
LGC Launches JV Company with Creso Pharma and Baltic Beer Company to Capitalize on Growing Cannabis-Derived Beverage Market
Thu, 11 Jan 2018 12:14:00 +0000
LGC Launches JV Company with Creso Pharma and Baltic Beer Company to Capitalize on Growing Cannabis-Derived Beverage Market
Related Posts
Also on Market Tamer…
Follow Us on Facebook