Baker Hughes's most recent trend suggests a bearish bias. One trading opportunity on Baker Hughes is a Bear Call Spread using a strike $58.50 short call and a strike $63.50 long call offers a potential 15.47% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $58.50 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock rose above the $63.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baker Hughes 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 Baker Hughes is bearish.
The RSI indicator is at 61.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baker Hughes
Gas dips below $2 a gallon in Oklahoma City
Wed, 03 Dec 2014 22:20:50 GMT
Oppenheimer Says Take The Money And Run In Baker Hughes
Wed, 03 Dec 2014 13:44:47 GMT
Learn to buy stock like a ‘greedy' Buffett
Wed, 03 Dec 2014 13:00:00 GMT
Coverage initiated on Baker Hughes by Oppenheimer
Wed, 03 Dec 2014 10:29:11 GMT
U.S. Stock Mutual Funds Led Advance In November
Tue, 02 Dec 2014 23:19:00 GMT
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