American Tower's most recent trend suggests a bullish bias. One trading opportunity on American Tower is a Bull Put Spread using a strike $120.00 short put and a strike $115.00 long put offers a potential 14.94% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $115.00 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.
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LATEST NEWS for American Tower
American Tower Plans First Quarter 2017 Earnings Release and Conference Call
Fri, 31 Mar 2017 20:30:00 GMT
Business Wire – American Tower Corporation announced today that the press announcement of its first quarter 2017 results is scheduled to be released to the news services at 7:00 a.m. ET on Thursday, April 27, 2017.
Profiting off Trump's plan to rebuild America
Fri, 31 Mar 2017 16:00:00 GMT
AMERICAN TOWER CORP /MA/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Thu, 30 Mar 2017 20:52:30 GMT
American Tower Corporation Prices Senior Notes Offering
Thu, 30 Mar 2017 20:45:00 GMT
Business Wire – American Tower Corporation today announced the pricing of its registered public offering of senior unsecured notes due 2025, in an aggregate principal amount of 500.0 million Euros .
American Tower (AMT) Up 4.9% Since Earnings Report: Can It Continue?
Thu, 30 Mar 2017 11:10:11 GMT
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