American Tower's most recent trend suggests a bearish bias. One trading opportunity on American Tower is a Bear Call Spread using a strike $150.00 short call and a strike $160.00 long call offers a potential 9.29% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $9.15 would be incurred if the stock rose above the $160.00 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 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
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See what the IHS Markit Score report has to say about American Tower Corp.
Fri, 23 Mar 2018 12:00:13 +0000
American Tower Corp NYSE:AMT
American Tower Trust I, Series 2018-1 — Moody's assigns (P)Aaa (sf) ratings to American Tower wireless tower-backed securities
Wed, 21 Mar 2018 20:28:06 +0000
Moody's Investors Service has assigned provisional ratings to the Secured Tower Revenue Securities, Series 2018-1A (the 2018 securities), to be issued by American Tower Trust I (the Issuer). The transaction …
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