Consolidated Edis's most recent trend suggests a bearish bias. One trading opportunity on Consolidated Edis is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 14.94% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $77.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Consolidated Edis 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 Consolidated Edis is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Consolidated Edis
Dividend Aristocrats in Focus, Part 1: Consolidated Edison
Tue, 11 Oct 2016 20:23:50 GMT
Dividend Aristocrats In Focus Part 1: Consolidated Edison, Inc. (ED)
Tue, 11 Oct 2016 18:29:45 GMT
What Rate of Return Will an Investment in Johnson & Johnson Deliver? Part 2
Thu, 06 Oct 2016 09:21:38 GMT
What Rate of Return Will an Investment in Johnson & Johnson Deliver? Part 2
Wed, 05 Oct 2016 22:33:46 GMT
Stock Indexes Struggle, But Banks Show Life
Tue, 04 Oct 2016 17:36:03 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook