CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 11.11% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $62.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CBS Corp 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 CBS Corp is bearish.
The RSI indicator is at 23.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
[$$] Network Fees Create Drama for Broadcasters
Mon, 22 Sep 2014 08:04:13 GMT
The Wall Street Journal – Local broadcasters face the prospect of margin pressure as TV networks like CBS demand higher fees and pay-TV providers get bigger.
Fall TV Season Has Buzz, but It’s Growing Softer
Mon, 22 Sep 2014 02:00:50 GMT
US confident of allies' support in air strikes on Isis
Sun, 21 Sep 2014 19:36:00 GMT
Financial Times – Allies of the US are ready to begin bombing Islamist extremists in Iraq and Syria, according to the country's ambassador to the UN, with President Barack Obama looking to build a coalition of powers willing …
8 New TV Shows You Must Watch During Prime Time Next Week
Sun, 21 Sep 2014 14:50:00 GMT
Will Roger Goodell Keep His Job? Check Out The NFL's Broadcasters
Sat, 20 Sep 2014 10:33:00 GMT
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