Dominion Resource's most recent trend suggests a bullish bias. One trading opportunity on Dominion Resource is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 21.95% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $62.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dominion Resource 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 Dominion Resource is bullish.
The RSI indicator is at 42.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dominion Resource
Final Glance: Utilities companies
Thu, 14 Aug 2014 22:02:12 GMT
Final Glance: Utilities companies
Thu, 14 Aug 2014 22:02:12 GMT
U.S. Energy Dept finalizes overhaul of natural gas export reviews
Thu, 14 Aug 2014 21:09:31 GMT
Reuters – The U.S. Energy Department has finalized a plan to revamp its process for approving liquefied natural gas exports, and as originally proposed the changes eliminate conditional approvals for LNG projects. Beginning Thursday, the department will only issue final rulings on whether exports are in the public interest after the Federal Energy Regulatory Commission, or another authorized agency, has completed an environmental review of the project. The move will likely shift focus from the Energy Department, which has been criticized for moving too slowly, to the more costly FERC process, which assesses the safety and environmental impacts of LNG export facilities. Making an export application with the DOE costs about $20,000 but companies pay up to $100 million to complete the FERC process, an investment that separates serious projects from those without the financial backing to actually construct what are often multibillion-dollar facilities.
Midday Glance: Utilities companies
Thu, 14 Aug 2014 17:17:09 GMT
Midday Glance: Utilities companies
Thu, 14 Aug 2014 17:17:09 GMT
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