American Tower's most recent trend suggests a bearish bias. One trading opportunity on American Tower is a Bear Call Spread using a strike $103.00 short call and a strike $108.00 long call offers a potential 11.11% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $103.00 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 rose above the $108.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for American Tower 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 American Tower is bearish.
The RSI indicator is at 62.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Tower
American Tower Corporation Declares Quarterly Distributions
Tue, 02 Dec 2014 22:38:18 GMT
noodls – BOSTON–(BUSINESS WIRE)–Dec. 2, 2014– American Tower Corporation (NYSE: AMT) announced that its board of directors has declared its quarterly cash distribution of $0.38 per share on shares of the Company's …
5:08 pm American Tower Board increases quarterly cash distribution 5.6% to $0.38 from $0.36 per share
Tue, 02 Dec 2014 22:08:00 GMT
AMERICAN TOWER CORP /MA/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Tue, 02 Dec 2014 22:06:39 GMT
American Tower Corporation Declares Quarterly Distributions
Tue, 02 Dec 2014 22:02:00 GMT
Business Wire – American Tower Corporation announced that its board of directors has declared its quarterly cash distribution of $0.38 per share on shares of the Company’s common stock.
American Tower's Acquisition Spree Drives it to 52-Week High
Wed, 26 Nov 2014 15:55:02 GMT
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