ACE's most recent trend suggests a bullish bias. One trading opportunity on ACE is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 11.11% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for ACE 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 ACE is bullish.
The RSI indicator is at 62.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ACE
CNO Financial Hits 52-Week High
Tue, 18 Feb 2014 19:53:11 GMT
ACE Invests in Nordic Property Operation
Tue, 18 Feb 2014 10:19:57 GMT
noodls – ***Per Bengtsson promoted to Property and Technical Lines Manager, Nordics*** ***Morten Stensholt joins ACE as Property Manager, Norway*** STOCKHOLM–(BUSINESS WIRE)–ACE Group today announced two management …
ACE Invests in Nordic Property Operation
Tue, 18 Feb 2014 10:04:00 GMT
ACE Invests in Nordic Property Operation
Tue, 18 Feb 2014 10:04:00 GMT
Business Wire – ACE Group today announced two management appointments as part of a programme of investment to further strengthen its proposition for corporate clients across the Nordic region.
ACE launches Casualty Capabilities in South Africa
Thu, 13 Feb 2014 12:01:19 GMT
noodls – “Following the announcements last year of the launch of our financial lines and energy insurance practice, today's announcement reiterates our commitment to meeting the market's needs right across …
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