Cummins's most recent trend suggests a bullish bias. One trading opportunity on Cummins is a Bull Put Spread using a strike $141.00 short put and a strike $136.00 long put offers a potential 29.87% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $141.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock dropped below the $136.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cummins 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 Cummins is bullish.
The RSI indicator is at 44.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cummins
Cummins' 2015 View Promising on Benefits from Acquisitions – Analyst Blog
Tue, 24 Feb 2015 23:49:11 GMT
CUMMINS INC Financials
Tue, 24 Feb 2015 18:04:10 GMT
10-K for Cummins, Inc.
Fri, 20 Feb 2015 00:07:51 GMT
CUMMINS INC Files SEC form 10-K, Annual Report
Tue, 17 Feb 2015 18:20:46 GMT
Cummins Connects with Customers Through Diagnostic Application
Tue, 17 Feb 2015 12:54:19 GMT
noodls – Cummins Shares Additional Details On Connected Diagnostics Solution NASHVILLE, Tenn. (Feb. 16, 2015) – Cummins Inc. (NYSE: CMI) today announced details surrounding Connected Diagnostics, the first application …
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