Electronic Art's most recent trend suggests a bearish bias. One trading opportunity on is a Bear Call Spread using a strike $24.00 short call and a strike $29.00 long call offers a potential 7.76% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $24.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock rose above the $29.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for 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 is bearish.
The RSI indicator is at 27.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Electronic Arts
NCAA Files a New Lawsuit vs. EA
Mon, 25 Nov 2013 22:42:50 GMT
Zacks – Electronic Arts is facing a fresh lawsuit from National Collegiate Athletic Association.
Notable Two Hundred Day Moving Average Cross – EA
Mon, 25 Nov 2013 16:50:00 GMT
Forbes – In trading on Monday, shares of Electronic Arts, Inc. (NASD: EA) crossed below their 200 day moving average of $22.66, changing hands as low as $22.59 per share. Electronic Arts, Inc. shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of
2 Areas of Growth for This Video Game Maker
Mon, 25 Nov 2013 14:01:57 GMT
Motley Fool – Take-Two plans to follow the success of Grand Theft Auto V.
Geekstock: The Sad State of “Star Wars” Games
Sun, 24 Nov 2013 17:32:16 GMT
Motley Fool – Three Fools take to the air to discuss the next decade of console adventures for would-be Jedi and Sith Lords. Is the deal between Walt Disney and Electronic Arts good news?
Life Left in Call of Duty: Ghosts
Sat, 23 Nov 2013 13:48:14 GMT
Motley Fool – “Call of Duty: Ghosts” launched with disappointing sales, but there is still hope with next-gen and digital sales despite rising competition from Take-Two Interactive and Electronic Arts.
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