American Tower's most recent trend suggests a bullish bias. One trading opportunity on American Tower is a Bull Put Spread using a strike $121.00 short put and a strike $116.00 long put offers a potential 14.94% 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 $121.00 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 $116.00 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
3 Tech Stocks That Belong in Any Portfolio
Sat, 25 Mar 2017 16:00:00 GMT
American Tower (AMT) Strengthens Foothold with $100M Deal
Wed, 22 Mar 2017 20:11:08 GMT
How This Company Will Benefit If AT&T Gets Critical Network Win
Wed, 22 Mar 2017 20:07:19 GMT
AMERICAN TOWER CORP /MA/ Files SEC form 8-K, Regulation FD Disclosure
Wed, 22 Mar 2017 10:05:55 GMT
Brookfield, ATC Vie for $1.5 Billion India Tower Assets
Wed, 22 Mar 2017 09:51:05 GMT
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