Norfolk Southern's most recent trend suggests a bearish bias. One trading opportunity on Norfolk Southern is a Bear Call Spread using a strike $106.00 short call and a strike $111.00 long call offers a potential 14.94% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $106.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $111.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Norfolk Southern 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 Norfolk Southern is bearish.
The RSI indicator is at 37.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Norfolk Southern
Transports Tank But Blame the Rails, Not the Airlines
Mon, 30 Mar 2015 19:19:00 GMT
Midday Glance: Railroad companies
Mon, 30 Mar 2015 17:16:30 GMT
Transports down 5% this week
Fri, 27 Mar 2015 17:32:00 GMT
Norfolk Southern launches $53-million energy innovation project at Juniata Locomotive Shop
Fri, 27 Mar 2015 15:55:00 GMT
PR Newswire – ALTOONA, Pa., March 27, 2015 /PRNewswire/ — Norfolk Southern (NSC) today launched a $53-million energy conversion project at its Juniata Locomotive Shop that will substantially reduce carbon emissions and water usage at the 70-acre facility. Norfolk Southern will replace the shop's coal boilers with natural gas heaters and install a 1.2-megawatt capacity combined heat and power generator that will produce enough electricity to sustain the entire 16-building complex. When completed in late 2017, Norfolk Southern expects the improvements to save about $4 million in electricity costs, reduce water usage by 49.4 million gallons from steam-water recovery, and eliminate more than 29,000 tons of carbon emissions in Pennsylvania on an annual basis. The project follows a comprehensive review of work demands and energy consumption at Juniata, the largest locomotive repair shop in North America and headquarters for Norfolk Southern's locomotive rebuild program.
Norfolk Southern 2014 Annual Report highlights record year driven by people, equipment, and infrastructure ‘behind every train'
Wed, 25 Mar 2015 12:00:00 GMT
PR Newswire – NORFOLK, Va., March 25, 2015 /PRNewswire/ — Norfolk Southern Corporation (NYSE: NSC) today posted its 2014 Annual Report online , highlighting record-setting net income, revenues, operating income, earnings …
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