United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $120.00 short put and a strike $110.00 long put offers a potential 9.89% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $9.10 would be incurred if the stock dropped below the $110.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Tech 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 United Tech is bullish.
The RSI indicator is at 74.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
The Dow Hits Another Record As United Technologies, General Electric Rise
Tue, 10 Jun 2014 01:04:29 GMT
Dow Today: United Technologies (UTX) Leads The Day Higher, McDonald's (MCD) Lags
Mon, 09 Jun 2014 20:30:00 GMT
Sikorsky Challenges Kids to Create Helicopter of the Future in Scholarship Competition
Mon, 09 Jun 2014 17:00:00 GMT
PR Newswire – STRATFORD, Conn., June 9, 2014 /PRNewswire/ –For the fourth consecutive year, Sikorsky Aircraft, a subsidiary of United Technologies Corp. (UTX), is giving kids, ages 9-16, a chance to compete for a $1,000 scholarship through the Sikorsky Helicopter 2050 Program and Challenge. The national program, which challenges kids to design a Helicopter of the Future, kicked off June 1 and will run through September 30, 2014. Contestants will design a helicopter that addresses the potential challenges of 2050 and plan for how their Helicopters of the Future would overcome those challenges. The competition is part of Sikorsky's commitment to encouraging hands-on learning in science, technology, engineering and mathematics (STEM) for students around the country and gives the corporation an opportunity to develop long-term relationships with tomorrow's engineers.
Pentagon Awards Defense Contracts to Boeing, Rockwell Collins, United Technologies
Fri, 06 Jun 2014 18:32:35 GMT
Pratt & Whitney's Robotics Team Wins Manufacturing Leadership Award for Engineering & Production Technology
Fri, 06 Jun 2014 14:15:00 GMT
PR Newswire – EAST HARTFORD, Conn., June 6, 2014 /PRNewswire/ — Pratt & Whitney, a United Technologies Corp. company (UTX), has been awarded the 2014 Frost & Sullivan Manufacturing Leadership Award (ML Award) in the Engineering and Production Technology Leadership category for its Next Generation Robotics Automation Manufacturing team. Pratt & Whitney received the honor last night at the Manufacturing Leadership Summit in Palm Beach, Florida. With the goals of continually improving productivity and quality, the specialized team introduced robotic systems into Pratt & Whitney's production processes. The processes enable automated coating for military and commercial engine parts, automated removal of coating overspray and occlusions on engine parts, and precision shaping of blade and vane edges on multiple engine lines.
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