Cerner's most recent trend suggests a bearish bias. One trading opportunity on Cerner is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 17.65% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $65.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cerner 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 Cerner is bearish.
The RSI indicator is at 23.32 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Cerner
CERNER ANNOUNCES QUARTERLY DIVIDEND
Fri, 20 Mar 2020 13:15:10 +0000
Cerner Corporation (CERN), a global health care technology company, today announced that its Board of Directors declared a cash dividend to stockholders of $0.18 per issued and outstanding share. Cerner intends to pay regular quarterly cash dividends, with future declarations subject to approval by its Board of Directors and their determination that the declaration of dividends remains in the best interests of Cerner and its shareholders. The decision of whether to pay future dividends and the amount of any such dividends will be based on the company's financial position, results of operations, cash flows, capital requirements, the requirements of applicable law and any other factors the Board of Directors may deem relevant.
Cerner Corporation (NASDAQ:CERN) Is Employing Capital Very Effectively
Thu, 19 Mar 2020 11:00:02 +0000
Today we'll look at Cerner Corporation (NASDAQ:CERN) and reflect on its potential as an investment. To be precise…
Here's Why You Should Retain Cerner (CERN) Stock for Now
Wed, 18 Mar 2020 14:29:02 +0000
Cerner (CERN) is gaining traction from prudent strategic deals and big data based EHR system. However, weak margin remains a woe.
Is Cerner Corporation (CERN) A Good Stock To Buy?
Tue, 17 Mar 2020 00:46:57 +0000
Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
HON. PATRICK J. MURPHY TO CHAIR CERNER GOVERNMENT ADVISORY BOARD TO HELP IMPROVE VETERAN CARE
Mon, 16 Mar 2020 20:01:10 +0000
KANSAS CITY, Mo., March 16, 2020 — Today, Cerner Corporation (Nasdaq: CERN), a global health care technology company, announced the Hon. Patrick Murphy as new chairman of the.
Related Posts
Also on Market Tamer…
Follow Us on Facebook