Electronic Arts's most recent trend suggests a bullish bias. One trading opportunity on Electronic Arts is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 15.47% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock dropped below the $65.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Electronic Arts 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 up which suggests that the medium-term momentum for Electronic Arts is bullish.
The RSI indicator is at 79.26 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 Electronic Arts
Will Electronic Arts (EA) Stock Benefit From Bullish Earnings Forecast?
Thu, 19 May 2016 20:06:00 GMT
TheStreet – Shares of Electronic Arts (EA) closed down even though analysts expect strong growth in the company's earnings per share.
Britney Spears Game Lifts Glu, But Big Publishers Winning
Thu, 19 May 2016 19:29:06 GMT
Investor's Business Daily – Mobile video game publisher Glu Mobile (GLUU) got a rise Thursday from the release of a new game featuring pop singer Britney Spears. However, it's the big game publishers like Activision Blizzard (ATVI) …
Electronic Arts: Could Earn $5/Sh By 2020, Says MKM Partners
Thu, 19 May 2016 17:36:00 GMT
Barrons.com – Fresh off its investor day meeting earlier this week and last week’s estimate-beating earnings report, Electronic Arts (EA) is scoring rave reviews from analysts after laying out plans to add $1 billion in incremental revenue during the next three to five years. The video game giant, responsible for some of the industry’s biggest sports titles with its Madden and FIFA franchises, sees future sales growth coming from action games shooter games and international expansion, as well as e-sports. MKM Partners analyst Ertic Handler says per-share profit could approach $5 in fiscal 2020.
How Do Analysts View Electronic Arts?
Thu, 19 May 2016 17:07:20 GMT
Market Realist – Out of 25 analysts covering Electronic Arts (EA), 18 have a “buy” recommendation, two recommend a “sell,” and five recommend a “hold.”
EA Scores Positive Reviews From Investor Day; Stock Gets PT Hike
Wed, 18 May 2016 21:43:42 GMT
Investor's Business Daily – Video game publisher Electronic Arts (EA) on Tuesday laid out its plan to add $1 billion in incremental revenue within the next three to five years. EA earned mostly positive reviews for its presentation …
Related Posts
Also on Market Tamer…
Follow Us on Facebook