American Tower's most recent trend suggests a bullish bias. One trading opportunity on American Tower is a Bull Put Spread using a strike $114.00 short put and a strike $106.00 long put offers a potential 12.68% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $114.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $7.10 would be incurred if the stock dropped below the $106.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for American Tower 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 American Tower is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 American Tower
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Wed, 26 Oct 2016 14:31:00 GMT
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Wed, 26 Oct 2016 12:43:21 GMT
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Tue, 25 Oct 2016 12:10:12 GMT
American Tower Corp. : AMT-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 24, 2016
Mon, 24 Oct 2016 15:48:29 GMT
3i Infrastructure joins bidders for Antin's FPS Towers – sources
Mon, 24 Oct 2016 15:39:43 GMT
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