CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 20.48% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock rose above the $65.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CBS Corp 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 CBS Corp is bearish.
The RSI indicator is at 37.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
CBS' ‘Blue Bloods' defies traditions
Wed, 30 Apr 2014 01:30:02 GMT
‘Arrow’ and ‘Supernatural’ Spin-offs Expected to Highlight CW’s Fall Schedule
Tue, 29 Apr 2014 21:50:21 GMT
TVGN Announces 2014-2015 Upfront Slate Featuring More Than 400 Hours of Original Programming
Tue, 29 Apr 2014 18:00:00 GMT
Business Wire – TVGN today announced its 2014-2015 Upfront slate encompassing more than 400 hours of original programming, a six-fold increase from last year’s Upfront. The network’s lineup will include six original series and four primetime specials, plus exclusive cable premieres of signature event programming airing on the CBS Television Network.
U.S. Television Prime-Time Ratings for Week Ended April 27
Tue, 29 Apr 2014 16:18:15 GMT
U.S. Cable Television Ratings for the Week Ended April 27
Tue, 29 Apr 2014 16:09:37 GMT
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