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 20.48% return on risk over the next 32 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 $0.85 would be kept by the premium seller. The risk of $4.15 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 27.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
NBC Lands Another First-Place Finish Among Networks
Tue, 16 Sep 2014 21:53:26 GMT
Online Advertising Chips Away at $68 Billion TV Ad Budgets
Tue, 16 Sep 2014 21:46:30 GMT
U.S. Television Prime-Time Ratings for Week Ended Sept. 14
Tue, 16 Sep 2014 18:57:20 GMT
CBS drops Rihanna from ‘Thursday Night Football' after rebuke
Tue, 16 Sep 2014 17:52:22 GMT
U.S. Cable Television Ratings for the Week Ended Sept. 14
Tue, 16 Sep 2014 17:44:55 GMT
Bloomberg – The following table lists the top 40 cable television shows for the week of 09/08/14 through 09/14/14. Programs are ranked by rating in descending order. RANK PROGRAM NAME NET RATING =============================================================== …
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