State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 12.11% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for State Street 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 State Street is bearish.
The RSI indicator is at 34.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for State Street
GE Closes Asset Management Business Sale with State Street
Wed, 06 Jul 2016 14:21:02 GMT
State Street (STT) Closes the GE Asset Management Deal
Wed, 06 Jul 2016 14:03:02 GMT
One in 20 Pension Professionals Have Valuation Confidence Levels of Less than 50%
Tue, 05 Jul 2016 11:31:03 GMT
noodls – London – 4 July, 2016 – A global survey of 400 pension professionals, commissioned by State Street, reveals one in 20 describe the confidence levels in the portfolio asset and liability valuations of the …
GE Completes Its GE Asset Management Divestment To State Street
Fri, 01 Jul 2016 18:15:47 GMT
State Street Completes Acquisition of GE Asset Management
Fri, 01 Jul 2016 12:11:05 GMT
noodls – BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE: STT), announced today that it has completed its acquisition of GE Asset Management (GEAM) from GE (NYSE: GE). The transaction provides multiple …
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