Whirlpool's most recent trend suggests a bearish bias. One trading opportunity on Whirlpool is a Bear Call Spread using a strike $150.00 short call and a strike $155.00 long call offers a potential 14.16% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock rose above the $155.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Whirlpool 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 Whirlpool is bearish.
The RSI indicator is at 37.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Whirlpool
Why Whirlpool Corporation Is Rallying Today
Mon, 04 Jun 2018 19:34:04 +0000
Whirlpool Corporation (NYSE:WHR) shares were higher on Monday as the company received an upgrade from Credit Suisse Group AG (ADR) (NYSE:CS) early in the day. Analysts have upgraded the home appliances maker rating from a Neutral to an Outperform with its price target increased from $170 to $195. While the stock has been declining due to President Trump’s announcement on steel import tariffs, analysts have the right to be bullish on this one.
5 Reasons Why Credit Suisse Turned Bullish On Whirlpool
Mon, 04 Jun 2018 18:28:27 +0000
Firsthand checks of prices on appliances after Memorial Day show an average 5-percent increase compared to the start of 2018, with washers and dryers accounting for the biggest gains, the analyst said. Raw materials account for around 60 percent of cost of goods sold, which implies input costs are “key to results for Whirlpool, Maklari said. Whirlpool's international turnaround is showing signs of progress, including a renegotiation of retail contracts in Europe and expectations for demand in Europe, Middle East and Africa to recover in the back half of 2018 and strengthen in Brazil, Maklari said.
Whirlpool Corporation Stock Upgraded: What You Need to Know
Mon, 04 Jun 2018 16:05:24 +0000
Whirlpool sits at the center of Trump tariffs on steel and appliances.
Is Whirlpool (WHR) a Great Stock for Value Investors?
Mon, 04 Jun 2018 13:55:01 +0000
Let's see if Whirlpool Corporation (WHR) stock is a good choice for value-oriented investors right now from multiple angles.
Top Stories: Trump’s Tariffs and SoftBank’s Investment in GM Cruise
Thu, 31 May 2018 18:44:17 +0000
President Trump just announced new steel and aluminum tariffs on Canada, The European Union, and Mexico, which are 25% on imported steel and 10% on imported aluminum, and these will take effect at midnight tonight. The European Union responded by calling the move “protectionism” and stating that it would impose “additional duties on a number of imports from the U.S,” and Mexico was not too far behind with its response, stating that it will “impose equivalent measures to various products.” So we are back to the trade war rhetoric, and seemingly getting closer to it becoming a reality. Of course this does help U.S. Steel (X) and Alcoa (AA), while seemingly hurting a lot of purchasers of steel and aluminum.
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