Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 8.7% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cameron 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 Cameron is bullish.
The RSI indicator is at 57.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cameron
Cameron International – Quietly Set To Move To New Highs
Tue, 22 Apr 2014 06:47:55 GMT
Coverage initiated on Cameron by Gabelli & Co
Thu, 17 Apr 2014 12:26:09 GMT
CAMERON INTERNATIONAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and E
Wed, 16 Apr 2014 21:08:41 GMT
Domestic Shale Infrastructure Construction Stocks Are Perking Up: A Wall Street Transcript Interview with Tahira Afzal, an Equity Research Analyst Covering Construction, Engineering and Infrastructure with KeyBanc Capital Markets Inc.
Wed, 16 Apr 2014 17:47:00 GMT
Tuesday Sector Leaders: Energy, Utilities
Tue, 15 Apr 2014 18:52:00 GMT
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