Raytheon's most recent trend suggests a bearish bias. One trading opportunity on Raytheon is a Bear Call Spread using a strike $177.50 short call and a strike $182.50 long call offers a potential 9.65% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $177.50 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock rose above the $182.50 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Raytheon 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 Raytheon is bullish.
The RSI indicator is at 42.3 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Raytheon
Raytheon (RTN) Gains But Lags Market: What You Should Know
Wed, 03 Jul 2019 21:50:09 +0000
Raytheon (RTN) closed at $173.45 in the latest trading session, marking a +0.38% move from the prior day.
DFW units of Lockheed Martin, Raytheon, L3 and more received major awards in June
Wed, 03 Jul 2019 19:06:50 +0000
In this edition of DFW Defense, we break down the significant deals awarded to companies with ties to North Texas in June.
Companies get cold(er) feet about global tie-ups in first half as bull market charges on
Wed, 03 Jul 2019 17:56:00 +0000
Global corporate M&A activity dropped 11% to $1.8 trillion in year’s first half versus the same period of 2018, according to a new Mergermarket report.
United Technologies Stock Is a Winner With or Without Raytheon — and Vice Versa
Wed, 03 Jul 2019 09:15:00 +0000
Raytheon now amounts to a cheap play on United Technologies’ aerospace business if a deal happens and it looks reasonably priced as a stand-alone entity.
Why Dan Loeb Is Concerned about the UTX-RTN Deal
Tue, 02 Jul 2019 14:45:02 +0000
Dan Loeb explained his opposition to the United Technologies (UTX) and Raytheon (RTN) merger in a letter to the members of UTX's board on June 28.
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