Cerner's most recent trend suggests a bullish bias. One trading opportunity on Cerner is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 8.7% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $55.00 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 77.35 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Cerner
Zacks.com featured expert Kevin Matras highlights: Ralph Lauren, Cerner, KeyW, Fifth Third and Energy Transfer
Tue, 23 Apr 2019 13:36:01 +0000
Zacks.com featured expert Kevin Matras highlights: Ralph Lauren, Cerner, KeyW, Fifth Third and Energy Transfer
What's in Store for Tandem Diabetes' (TNDM) Q1 Earnings?
Tue, 23 Apr 2019 12:55:12 +0000
The roll-out of Tandem Diabetes' (TNDM) unique insulin pump platform viz. t:slim X2 with Basal-IQ technology is expected to drive the top line in first-quarter 2019.
Cerner (CERN) to Report Q1 Earnings: What's in the Offing?
Mon, 22 Apr 2019 14:17:02 +0000
Top-line growth and solid show by Population Health, Revenue Cycle and IT Works are likely to aid Cerner (CERN) in Q1. However, expected decline in bookings is likely to be a dampener.
Bet on These 5 Stocks With Upgraded Broker Ratings Right Now
Mon, 22 Apr 2019 12:10:12 +0000
Brokers have a deeper understanding of stocks, industries and the overall economy. Thus, it is wise to follow their advice to ensure robust returns.
Cerner analyst: 'Cooperation agreement is a sign of weakness'
Fri, 19 Apr 2019 20:08:27 +0000
One of Cerner Corp.'s analysts has downgraded its stock recommendation from "sell" to "strong sell" after an activist investor appears to have gained influence over the health care IT company. The analyst offered even more explanation in his email to the Kansas City Business Journal.
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