American Tower's most recent trend suggests a bullish bias. One trading opportunity on American Tower is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 17.65% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $8.50 would be incurred if the stock dropped below the $125.00 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 at 42.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Tower
Sprint in new talks to merge with T-Mobile – sources
Tue, 10 Apr 2018 22:26:52 +0000
The combined company would have more than 127 million customers and could create more formidable competition for the No. 1 and No. 2 wireless players, Verizon Communications Inc (VZ.N) and AT&T Inc (T.N), amid a race to expand offerings in 5G, the next generation of wireless technology. Since then, Sprint's shares have lost more than a fifth of their value amid questions about how the company can compete effectively under the weight of its long-term debt of more than $32 billion. Sprint's majority owner, SoftBank Group Corp (9984.T), has been looking to trim its debt, which reached 15.8 trillion yen ($147 billion) as of the end of December.
Edited Transcript of AMT presentation 7-Mar-17 2:15pm GMT
Tue, 10 Apr 2018 19:01:27 +0000
American Tower Corp at Raymond James Institutional Investors Conference
See what the IHS Markit Score report has to say about American Tower Corp.
Mon, 09 Apr 2018 12:00:36 +0000
This could indicate that investors who seek to profit from falling equity prices are not currently targeting AMT. Over the last one-month, outflows of investor capital in ETFs holding AMT totaled $14.63 billion.
5 REITs Growing Their Dividends Rapidly
Sun, 08 Apr 2018 12:36:00 +0000
“First-level” investors – those who buy and sell on headlines – mistakenly believe that real estate investment trust (REIT) profits will suffer if rates continue to rise. They’re wrong.
Viacom: S&P 500’s Top Loss on April 3
Wed, 04 Apr 2018 12:02:45 +0000
US Markets Regained Strength on April 3
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