Norfolk Southern's most recent trend suggests a bullish bias. One trading opportunity on Norfolk Southern is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 19.05% 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 $0.80 would be kept by the premium seller. The risk of $4.20 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 Norfolk Southern 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 Norfolk Southern is bullish.
The RSI indicator is at 76.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Norfolk Southern
NorFolk Sourthern New Locomotive from GoRail
Thu, 13 Mar 2014 21:50:05 GMT
Norfolk Southern Has Increased Focus On Intermodal Business But Revenue Per Unit Limits Growth
Wed, 12 Mar 2014 12:44:00 GMT
Norfolk Southern unveils new locomotive in celebration of GoRail's tenth anniversary
Wed, 12 Mar 2014 11:00:00 GMT
PR Newswire – NORFOLK, Va., March 12, 2014 /PRNewswire/ — GoRail and Norfolk Southern (NSC) announced the unveiling of its one-of-a-kind GoRail locomotive today to commemorate the 10th anniversary of GoRail, a non-profit grassroots organization dedicated to educating the public about the benefits of moving more freight by rail. Founded in 2004, GoRail mobilizes support for policies that would lead to more freight moving by rail and opposition to policies that would limit the freight railroads' ability to meet growing freight demand. The GoRail locomotive will enter into regular freight service on Norfolk Southern's system. “We are honored that Norfolk Southern has commissioned this special GoRail locomotive and are excited for its debut,” said GoRail President Russell McGurk.
Rails have finger on pulse of economy: Cramer
Thu, 06 Mar 2014 23:25:00 GMT
Go Against the Grain with Baxter, Norfolk Southern
Tue, 04 Mar 2014 14:50:30 GMT
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