Constellation Bra's most recent trend suggests a bullish bias. One trading opportunity on Constellation Bra is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 7.53% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 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 dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Constellation Bra 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 Constellation Bra is bullish.
The RSI indicator is at 50.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Constellation Bra
Dogfish Head founder: Beer earned its place on a white tablecloth
Thu, 30 Jan 2014 11:53:00 GMT
Constellation Brands Down to Neutral
Tue, 28 Jan 2014 18:20:05 GMT
Zacks – On Jan 27, we downgraded the world's largest wine company, Constellation Brands, to Neutral with a target price of $80.00.
Are the Stars Aligning for Constellation Brands?
Tue, 14 Jan 2014 20:04:04 GMT
Stock boost from higher minimum wage
Tue, 14 Jan 2014 18:09:00 GMT
CNBC – CNBC's Sara Eisen reports which states are raising their minimum wage, and the impact to business; and Dominic Chu forecasts which stocks could get a boost, too.
CONSTELLATION BRANDS, INC. Financials
Tue, 14 Jan 2014 18:04:07 GMT
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