Cameron's most recent trend suggests a bearish bias. One trading opportunity on Cameron is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 5.26% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 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 rose above the $77.50 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 at 42.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cameron
CNOOC Calls for Bids for 33 Exploration Blocks Off China
Fri, 12 Sep 2014 13:00:03 GMT
CAMERON INTERNATIONAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Ex
Fri, 12 Sep 2014 10:00:10 GMT
HollyFrontier Declares Stock Repurchase Plan Worth $500M
Thu, 11 Sep 2014 19:10:02 GMT
Cameron Elects President And Chief Operating Officer
Thu, 11 Sep 2014 11:00:00 GMT
PR Newswire – HOUSTON, Sept. 11, 2014 /PRNewswire/ — Cameron (CAM) announced today that Scott Rowe will assume the newly created position of President and Chief Operating Officer (COO), effective October 1, 2014. In his new role, he will report directly to Jack Moore, who remains Chairman and Chief Executive Officer of the Company. Scott has served with Cameron for 12 years, most recently as Chief Executive Officer of OneSubsea. Previously he served as President of the Company's Subsea Systems division and before that as President of Engineered and Process Valves business in the Company's Valves and Measurement segment.
Weakness Seen in Mitcham Industries (MIND) Estimates: Should You Stay Away?
Wed, 10 Sep 2014 10:43:13 GMT
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