ACE's most recent trend suggests a bullish bias. One trading opportunity on ACE is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 6.38% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $87.50 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 35.4 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 ACE
Thais Clash While the Factories Keep Humming
Thu, 30 Jan 2014 22:45:48 GMT
BusinessWeek – With tourism down, growth is beginning to slow
ACE Accelerator Expands Access to the Construction Industry
Thu, 30 Jan 2014 22:20:00 GMT
Business Wire – ACE Group today announced that it expanded its award-winning ACE AcceleratorSM portal to allow access to construction industry clients. More specifically, the portal will now be made available to risk managers who support specialty and large general contractors and large national construction entities.
ACE Appoints Véronique Brionne Country President for Iberia
Thu, 30 Jan 2014 11:00:55 GMT
noodls – “With 15 years of relevant insurance industry experience, management responsibility spanning both commercial and personal lines, and dedicated experience across a wide range of countries and functional …
ACE Appoints Véronique Brionne Country President for Iberia
Thu, 30 Jan 2014 10:57:00 GMT
Business Wire – ACE Group today announced the appointment of Véronique Brionne as Country President for its Iberia region, covering both Spain and Portugal.
6 Stocks Grabbing Headlines Today
Thu, 30 Jan 2014 00:03:57 GMT
Motley Fool – New York Community Bancorp and 5 others weigh in with investors.
Related Posts
Also on Market Tamer…
Follow Us on Facebook