United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $105.00 short call and a strike $110.00 long call offers a potential 109.21% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $2.61 would be kept by the premium seller. The risk of $2.39 would be incurred if the stock rose above the $110.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for United Tech 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 United Tech is bearish.
The RSI indicator is at 23.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
Aviation Segment to Drive GE’s Revenues in 2019
Thu, 03 Jan 2019 21:05:02 +0000
The Aviation division has been General Electric’s (GE) best-performing business unit in recent quarters. The business unit’s third-quarter revenues increased 12% YoY and accounted for 25% of GE’s total revenues compared to 24% in the year-ago quarter. The division’s orders grew 35% YoY to $9.1 billion in the third quarter.
Will Restructuring Initiatives Bring GE Back to Growth Trajectory?
Thu, 03 Jan 2019 19:35:01 +0000
Will Restructuring Initiatives Put GE Back on Growth Trajectory? General Electric’s (GE) Power, Transportation, and Lighting divisions have been struggling for years. The company’s Power segment is struggling to cope with changing industry dynamics as the growing demand for renewables and energy efficiency has eroded the demand for fossil-fuel-based power plants.
GE Was Worst Performer in the Industrial Sector Last Year
Thu, 03 Jan 2019 18:02:40 +0000
Will Restructuring Initiatives Put GE Back on Growth Trajectory? 2018 didn’t go well for the industrial sector, as stocks in the space were battered the most due to trade conflict worries, slowing Chinese manufacturing activities, the weakening housing market, and the Fed’s interest rate hike in December. The S&P 500 Industrials Index, which measures the performance of stocks in the industrial sector, fell ~18% last year, much higher than the value lost by the major US indexes.
The Zacks Analyst Blog Highlights: Alphabet, Boeing, Salesforce, United Technologies and Charter Communications
Wed, 02 Jan 2019 14:49:02 +0000
The Zacks Analyst Blog Highlights: Alphabet, Boeing, Salesforce, United Technologies and Charter Communications
Top Stock Reports for Alphabet, Boeing & Salesforce
Mon, 31 Dec 2018 16:06:04 +0000
Top Stock Reports for Alphabet, Boeing & Salesforce
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