Ingersoll-Rand's most recent trend suggests a bearish bias. One trading opportunity on Ingersoll-Rand is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 212.5% return on risk over the next 31 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 $3.40 would be kept by the premium seller. The risk of $1.60 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 Ingersoll-Rand 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 Ingersoll-Rand is bearish.
The RSI indicator is at 33.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ingersoll-Rand
Ingersoll Rand to Present at the Electrical Products Group Conference
Thu, 15 May 2014 11:25:00 GMT
Business Wire – Ingersoll-Rand plc , a world leader in creating comfortable, sustainable and efficient environments, announced today that Michael W. Lamach, chairman and chief executive officer, and Susan K.
Why Ingersoll-Rand Has Upside Potential in 2014
Fri, 02 May 2014 13:04:21 GMT
INGERSOLL-RAND PLC Financials
Tue, 29 Apr 2014 17:04:11 GMT
Corporate Responsibility Magazine Ranks Ingersoll Rand on 100 Best Corporate Citizens List
Thu, 24 Apr 2014 19:33:00 GMT
Business Wire – Corporate Responsibility Magazine placed Ingersoll Rand , a world leader in creating comfortable, sustainable and efficient environments, on the magazine’s 15th annua
Big money activism: Helpful or harmful?
Wed, 23 Apr 2014 22:16:23 GMT
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