Cerner's most recent trend suggests a bullish bias. One trading opportunity on Cerner is a Bull Put Spread using a strike $47.50 short put and a strike $42.50 long put offers a potential 6.38% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $42.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cerner 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 Cerner is bullish.
The RSI indicator is at 68.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cerner
Cerner: Health IT will play an ‘integral role' in Trump administration
Fri, 20 Jan 2017 21:00:09 GMT
Barclays Downgrades Cerner Corp.
Thu, 19 Jan 2017 20:20:00 GMT
Investopedia – Analyst Eric Percher says the IT firm's growth outlook of 10% is too optimistic.
Cerner downgraded by Barclays
Thu, 19 Jan 2017 16:34:05 GMT
Cerner Corp. – Value Analysis (NASDAQ:CERN) : January 13, 2017
Fri, 13 Jan 2017 15:47:45 GMT
Cerner Corp. breached its 50 day moving average in a Bullish Manner : CERN-US : January 12, 2017
Thu, 12 Jan 2017 12:18:20 GMT
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