Cameron's most recent trend suggests a bearish bias. One trading opportunity on Cameron is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 14.94% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 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 rose above the $67.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cameron 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 Cameron is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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
LATEST NEWS for Cameron
Cameron International: A Leading Supplier of Oil and Natural Gas Drilling Systems
Tue, 30 Sep 2014 19:55:13 GMT
Cameron to Benefit from Robust Backlog; Margins a Concern
Mon, 29 Sep 2014 17:30:02 GMT
Range Resources Fined $4.15 Million by Pennsylvania DEP
Fri, 19 Sep 2014 19:00:06 GMT
Cenovus Energy Gives Update on Foster Creek Expansion
Thu, 18 Sep 2014 19:20:02 GMT
Enbridge Energy Partners Gets $900M Drop Down Proposal
Thu, 18 Sep 2014 18:40:01 GMT
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