Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 8.7% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $47.50 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 72.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cameron
Cameron Second Quarter Earnings Release Conference Call
Mon, 04 May 2015 11:30:00 GMT
PR Newswire – HOUSTON, May 4, 2015 /PRNewswire/ — Cameron (NYSE: CAM) plans to hold a conference call on Thursday, July 23, 2015 at 9:30 a.m. eastern time to discuss its financial results for the second quarter of …
CAMERON INTERNATIONAL CORP Financials
Thu, 30 Apr 2015 17:04:10 GMT
Subsea Services Alliance Announces Plans for 15,000-psi Intervention Riser System
Thu, 30 Apr 2015 13:08:00 GMT
PR Newswire – HOUSTON, April 30, 2015 /PRNewswire/ — Subsea Services Alliance, the collaboration between Helix Energy Solutions Group, Inc. (HLX), OneSubsea®, a Cameron (CAM) and Schlumberger (SLB) company, and Schlumberger, is pleased to announce the first joint technology project between OneSubsea and Helix to engineer and manufacture a 15,000-psi intervention riser system. This jointly developed technology advances the alliance's objectives to offer well intervention solutions to service the increasing number of high-pressure wells in the subsea environment. The system, which will be available on a rental basis in mid-2017, is being engineered and built at OneSubsea facilities in Leeds, UK. OneSubsea Chief Executive Officer, Mike Garding stated, “By combining the operational expertise of Helix Energy Solutions with OneSubsea's world class engineering and manufacturing capability, we are creating well access and control packages that will expand today's operating envelope to deeper and higher temperature environments.
C&J Energy Services Finally Breaks Winning Streak Last Week
Wed, 29 Apr 2015 13:29:28 GMT
Cameron upgraded by Morgan Stanley
Wed, 29 Apr 2015 12:33:57 GMT
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