Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 9.89% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $65.00 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 52.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cameron
FMC Technologies Rides Wave Of Offshore Oil Demand
Wed, 13 Aug 2014 19:46:00 GMT
Cameron OneSubsea, Schlumberger, Helix Energy in Tech Deal
Tue, 12 Aug 2014 21:15:02 GMT
OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance
Mon, 11 Aug 2014 20:05:00 GMT
Business Wire – HOUSTON–(BUSINESSWIRE)– OneSubsea™, a Cameron (NYSE:CAM – News) and Schlumberger (NYSE:SLB – News) company, Helix Energy Solutions Group, Inc. (NYSE:HLX – News) and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea well intervention provider, with the largest fleet size of well intervention vessels, and an unequalled track record in cost-effective subsea well intervention. OneSubsea, a preeminent solution provider for subsea well control, with a global footprint of executed major projects, has significant experience in the manufacture and supply of subsea well intervention equipment and services. Schlumberger is the world's leading supplier of technology and services to the oilfield, including conveyance systems and in-well technologies for subsea applications.
OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance
Mon, 11 Aug 2014 20:05:00 GMT
Business Wire – OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into
OneSubsea, Helix And Schlumberger To Form Subsea Well Intervention Alliance
Mon, 11 Aug 2014 20:01:00 GMT
PR Newswire – HOUSTON, Aug. 11, 2014 /PRNewswire/ — OneSubsea™, a Cameron (CAM) and Schlumberger (SLB) company, Helix Energy Solutions Group, Inc. (HLX) and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea well intervention provider, with the largest fleet size of well intervention vessels, and an unequalled track record in cost-effective subsea well intervention. OneSubsea, a preeminent solution provider for subsea well control, with a global footprint of executed major projects, has significant experience in the manufacture and supply of subsea well intervention equipment and services. Schlumberger is the world's leading supplier of technology and services to the oilfield, including conveyance systems and in-well technologies for subsea applications.
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