United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 13.38% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $8.82 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Tech 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 United Tech is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for United Tech
Sikorsky Wins Additional Milestone Order
Wed, 26 Feb 2014 22:25:04 GMT
United Tech to build new Pratt HQ in Connecticut
Wed, 26 Feb 2014 20:22:36 GMT
Reuters – United Technologies Corp will build a new headquarters for its Pratt & Whitney jet engine division in Connecticut as part of a commitment to keep operations in the state, Governor Dannel Malloy's office said on Wednesday. United Technologies has committed to keep its Pratt headquarters in Connecticut for at least 15 years and its headquarters for its Sikorsky helicopter unit in the state for at least five years, the governor's office said.
Sikorsky's Matrix™ Technology Program Launches Phase 2 of Flight Test Activities
Wed, 26 Feb 2014 20:00:00 GMT
PR Newswire – STRATFORD, Conn., Feb. 26, 2014 /PRNewswire/ — Sikorsky Aircraft's Matrix™ Technology autonomy research program has progressed to the second phase of flight test activities with the installation of advanced sensors that will allow the Sikorsky Autonomy Research Aircraft (SARA) to conduct real-time perception work. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE: UTX). SARA – an S-76® commercial helicopter outfitted with Fly-By-Wire controls – will be able to demonstrate autonomic site-selection and landing with this new sensor equipment. As a flying test lab, SARA will enable rapid flight testing of software and hardware, including multi-spectral sensors, previously integrated in the systems integration labs at Sikorsky's headquarters.
Pentagon to ask for only 34 Lockheed F-35s in 2015 budget -comptroller
Wed, 26 Feb 2014 03:05:19 GMT
Reuters – The U.S. Defense Department will request 34 Lockheed Martin Corp F-35 fighter jets in its 2015 budget request, eight fewer than initially planned, Pentagon Comptroller Robert Hale told an industry conference on Tuesday. Hale said the decision reflected a postponement of some F-35 purchases because of budget pressures, not concerns about the performance of the $392 billion program, the Pentagon's biggest arms project. “It's an affordability issue, not performance,” Hale told a conference hosted by McAleese and Associates, a consulting firm, and Credit Suisse. Hale declined to give details about planned purchases in coming years, but said production of the Lockheed fighter jets would be increasing.
3:47 pm United Tech: Milestone Aviation Group signs contract With Sikorsky Aircraft Corporation to purchase eight additional S-92 helicopters
Wed, 26 Feb 2014 00:05:30 GMT
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