Cummins's most recent trend suggests a bullish bias. One trading opportunity on Cummins is a Bull Put Spread using a strike $141.00 short put and a strike $136.00 long put offers a potential 26.58% 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 $141.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $136.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cummins 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 Cummins is bullish.
The RSI indicator is at 65.1 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 Cummins
Two Fresh Spring Looks for Office Professionals
Thu, 26 Feb 2015 16:00:05 GMT
Cummins' 2015 View Promising on Benefits from Acquisitions – Analyst Blog
Tue, 24 Feb 2015 23:49:11 GMT
CUMMINS INC Financials
Tue, 24 Feb 2015 18:04:10 GMT
10-K for Cummins, Inc.
Fri, 20 Feb 2015 00:07:51 GMT
CUMMINS INC Files SEC form 10-K, Annual Report
Tue, 17 Feb 2015 18:20:46 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook