SunTrust's most recent trend suggests a bearish bias. One trading opportunity on SunTrust is a Bear Call Spread using a strike $40.00 short call and a strike $45.00 long call offers a potential 5.49% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock rose above the $45.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for SunTrust 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 SunTrust is bearish.
The RSI indicator is at 40.94 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for SunTrust
July 11, 2014 Not Your Typical Money Talk: SunTrust Teams with LearnVest to Amp Your Financial Savvy
Fri, 11 Jul 2014 14:21:07 GMT
noodls – ATLANTA, July 11, 2014 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) announced today it is teaming with LearnVest to provide tips and information to help people gain more control over their finances. …
Not Your Typical Money Talk: SunTrust Teams with LearnVest to Amp Your Financial Savvy
Fri, 11 Jul 2014 13:35:00 GMT
PR Newswire – ATLANTA, July 11, 2014 /PRNewswire/ — SunTrust Banks, Inc. (STI) announced today it is teaming with LearnVest to provide tips and information to help people gain more control over their finances. As a purpose-driven company committed to advancing financial well-being, SunTrust established this new partnership to help benefit everyone from students and families to career professionals and those nearing retirement. LearnVest's original articles will be accessible not only to SunTrust clients, but also to anyone looking to make progress on their money through suntrust.com/ResourceCenter/PersonalBanking. This partnership is expected to help to spark better financial literacy across the age spectrum with compelling reads such as “Survive a wedding weekend with your wallet intact” or “Seven reasons you need an emergency fund.” “LearnVest has been recognized as a revolutionary player in the personal finance industry, and the company's accessible approach to financial advice helps people feel confident and in control of their money,” said Rilla Delorier, executive vice president of Consumer Channels. “Our Resource Center and LearnVest partnership align well with SunTrust's focus on Lighting the Way to Financial Well-Being and complement the help and advice that our teammates provide to clients.”
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