General Dynamics's most recent trend suggests a bearish bias. One trading opportunity on General Dynamics is a Bear Call Spread using a strike $110.00 short call and a strike $120.00 long call offers a potential 6.95% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $9.35 would be incurred if the stock rose above the $120.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for General Dynamics 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 General Dynamics is bearish.
The RSI indicator is at 41.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for General Dynamics
Pentagon Awards $214.3 Million in Defense Contracts
Tue, 15 Apr 2014 13:38:22 GMT
Gulfstream announces 60-plane deal for China
Tue, 15 Apr 2014 12:59:41 GMT
General Dynamics opts to skip GAO protest over Army vehicle plan
Tue, 15 Apr 2014 04:47:57 GMT
Reuters – UK Focus – General Dynamics Corp (NYSE: GD – news) said late Monday it would not ask the congressional Government Accountability Office to rule on a U.S. Army vehicle competition that it says is skewed to favor its competitor, Britain's BAE Systems Plc (Other OTC: BAESF – news) . The Army on April 4 rejected a protest that General Dynamics had filed with it over the rules for a multibillion dollar competition for a new armored vehicle, starting a 10-day clock for General Dynamics to take its concerns to the next level through a formal protest with the GAO. We do not believe a GAO protest is the right forum for this issue and we will not file one,” General Dynamics spokesman Pete Keating said in a statement. The Army's new AMPV, one of few new weapons development programs available for U.S. ground vehicle makers, is intended to replace nearly 2,900 Vietnam-era M113 infantry carriers at a cost of $5 billion to nearly $7 billion.
General Dynamics opts to skip GAO protest over Army vehicle plan
Tue, 15 Apr 2014 04:47:57 GMT
Reuters – General Dynamics Corp said late Monday it would not ask the congressional Government Accountability Office to rule on a U.S. Army vehicle competition that it says is skewed to favor its competitor, Britain's BAE Systems Plc. The Army on April 4 rejected a protest that General Dynamics had filed with it over the rules for a multibillion dollar competition for a new armored vehicle, starting a 10-day clock for General Dynamics to take its concerns to the next level through a formal protest with the GAO. The company said it would continue to fight for changes in the Army's handling of a competition for a new Armored Multi-Purpose Vehicle (AMPV) before companies submit their bids in late May. No additional details were provided.
General Dynamics Canada to Provide Sonar System Upgrades to Portuguese Navy
Mon, 14 Apr 2014 14:00:00 GMT
CNW Group – General Dynamics Canada to Provide Sonar System Upgrades to Portuguese Navy
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