ACE's most recent trend suggests a bullish bias. One trading opportunity on ACE is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 5.26% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for ACE 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 ACE is bullish.
The RSI indicator is at 66.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ACE
ACE launches Casualty Capabilities in South Africa
Thu, 13 Feb 2014 12:01:19 GMT
noodls – “Following the announcements last year of the launch of our financial lines and energy insurance practice, today's announcement reiterates our commitment to meeting the market's needs right across …
ACE launches Casualty Capabilities in South Africa
Thu, 13 Feb 2014 10:35:00 GMT
ACE launches Casualty Capabilities in South Africa
Thu, 13 Feb 2014 10:35:00 GMT
Business Wire – ACE Group today announced the launch of its new casualty insurance practice in South Africa and the appointment of Lee Stacey to the role of Head of Casualty, South Africa, as it c
ACE Establishes Construction Industry Practice Group in Asia Pacific with New Appointments
Thu, 13 Feb 2014 09:19:24 GMT
noodls – SINGAPORE–(BUSINESS WIRE)–ACE Group announced today the creation of a Construction Industry Practice Group to serve the expanding risk management needs of Contractors and Principals in the Asia Pacific …
ACE Establishes Construction Industry Practice Group in Asia Pacific with New Appointments
Thu, 13 Feb 2014 07:33:00 GMT
Business Wire – SINGAPORE–(BUSINESSWIRE)– ACE Group announced today the creation of a Construction Industry Practice Group to serve the expanding risk management needs of Contractors and Principals in the Asia Pacific region. The new Construction Industry Practice Group will leverage ACE’s global strengths in Construction, Project Cargo, Casualty, Surety, Environmental and Project Professional Indemnity to develop customized solutions to meet Client’s needs. Serving all of Asia Pacific, the Construction Industry Practice Group is backed by ACE’s financial strength, deep industry insight and large capacity. Mr. Andrew Morris has been appointed to lead the group as Construction Head, Asia Pacific and will relocate from Sydney to Singapore, reporting to Michael Frazer, Head of Energy and Technical Lines for Asia Pacific.
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