CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $53.00 short call and a strike $58.00 long call offers a potential 7.53% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $53.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock rose above the $58.00 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 22.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Europe slowdown is a worry: Expert
Tue, 07 Oct 2014 22:06:00 GMT
U.S. Television Prime-Time Ratings for Week Ended Oct. 5
Tue, 07 Oct 2014 19:11:56 GMT
POP Announces Initial Line-up of Original Programming for Early 2015 Launch
Tue, 07 Oct 2014 19:00:00 GMT
Business Wire – POP, a new network celebrating the fun of being a fan which announced its rebranding last month from TVGN, will premiere more than 400 hours of fan-fueled original programming next year, including six new original series, an exclusive after-show, live red carpet specials during the awards season, and a curated line-up of television fan favorites.
U.S. Cable Television Ratings for the Week Ended Oct. 5
Tue, 07 Oct 2014 18:47:07 GMT
U.S. Broadcast Television Ratings for the Week Ended Oct. 5
Tue, 07 Oct 2014 18:42:39 GMT
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