Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 5.26% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cameron 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 Cameron is bullish.
The RSI indicator is at 62.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cameron
NYSE stocks posting largest percentage decreases
Fri, 04 Apr 2014 22:20:03 GMT
AP – A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.: Global Cash Access Holdings Inc. fell 15.7 percent to $6.69. International Game Technology fell 8.9 percent to $13.53. …
The Zacks Analyst Blog Highlights: Chevron, Schlumberger, Weatherford International, Nabors Industries and Cameron International
Wed, 02 Apr 2014 12:16:04 GMT
Cameron Gets Blowout Preventer Contract
Mon, 31 Mar 2014 18:10:19 GMT
Cameron Awarded Order For 25,000 psi Blowout Preventer
Thu, 27 Mar 2014 13:00:00 GMT
PR Newswire – HOUSTON, March 27, 2014 /PRNewswire/ — Cameron (NYSE:CAM) announced today that it has received an order from Freeport-McMoRan Oil & Gas to supply a 25,000 psi blowout preventer stack and 25,000 psi manifold. …
CAMERON INTERNATIONAL CORP Files SEC form 8-K, Change in Directors or Principal Officers
Wed, 26 Mar 2014 20:43:25 GMT
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