Fidelity National's most recent trend suggests a bullish bias. One trading opportunity on Fidelity National is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 9.77% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $9.11 would be incurred if the stock dropped below the $115.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Fidelity National 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 Fidelity National is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought 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 Fidelity National
Startups Showcase Innovations at 2019 FIS Fintech Accelerator Demo Day
Thu, 18 Jul 2019 12:00:00 +0000
Presentations by the 10 startup participants conclude the 12-week program. State of Arkansas and FIS announce extension of program for 2020. Technologies featured include artificial intelligence, data analytics, gamification, process automation, customer engagement and marketing.
See what the IHS Markit Score report has to say about Fidelity National Information Services Inc.
Tue, 16 Jul 2019 12:06:49 +0000
Fidelity National Information Services Inc NYSE:FISView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for FIS with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding FIS are favorable, with net inflows of $7.27 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Why Worldpay Shares Surged 60.3% in the First Half of 2019
Mon, 15 Jul 2019 13:13:00 +0000
The payments processing giant agreed to be acquired in March.
Is Fidelity National Information Services, Inc.'s (NYSE:FIS) High P/E Ratio A Problem For Investors?
Fri, 12 Jul 2019 11:55:19 +0000
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at Fidelity…
Crypto Firm Diginex Reaches Deal to Go Public in the U.S.
Wed, 10 Jul 2019 13:24:34 +0000
(Bloomberg) — Diginex Ltd., a Hong Kong-based cryptocurrency and blockchain services company, said on Wednesday that it is going public through a reverse merger with 8i Enterprises Acquisition Corp.Diginex will be listed on Nasdaq following the deal with 8i, a so-called blank-check company, the companies said. The deal is poised to value Diginex at about $276 million including debt, according to a press release, which confirmed an earlier Bloomberg report.Diginex’s Chief Executive Officer Richard Byworth said in a statement that the deal will give the company “broader market visibility.”Diginex provides advisory services and develops blockchain tools for companies including payments firm Fidelity National Information Services Inc. It is also planning to launch a virtual currency marketplace, according to its website. 8i is a special purpose acquisition company, a type of firm that raises money with plans to buy or merge with other companies.Cryptocurrency companies such as Diginex have been skipping initial public offerings and instead pursuing so-called backdoor listings to access public markets. IPOs can take longer to pull off and involve more regulatory hurdles. The U.S. Securities and Exchange Commission will still need to approve Diginex’s proxy filing.Diginex shareholders will receive 20 million ordinary shares of 8i valued at $10 per share.The cryptocurrency firm has been hiring executives to expand in the U.S. In February, Diginex said it brought on Will McDonough, a former Goldman Sachs Group Inc. vice president who previously started a brand-management company that has represented quarterback Tom Brady of the National Football League’s New England Patriots.An agreement to bring on McDonough has not been finalized yet, however, and he has not started at the company. McDonough and his team are not part of this transaction, a Diginex spokeswoman said.Diginex is betting that financial institutions and investors will increase their exposure to digital assets and the blockchain technology that underpins them, despite a major sell-off that has erased most of the cryptocurrencies’ market value over the past two years.While some institutions are experimenting with products, many have steered clear because of an uncertain regulatory outlook and concerns over money laundering, market manipulation and cybertheft. Facebook said this month that it planned to introduce a cryptocurrency called Libra, a move that already has drawn scrutiny from U.S. lawmakers.(Updates to change attribution to press release, adds details on executive’s hiring not being finalized, adds CEO quote.)\–With assistance from Dave Liedtka and Olga Kharif.To contact the reporter on this story: Liana Baker in New York at lbaker75@bloomberg.netTo contact the editors responsible for this story: Daniel Hauck at dhauck1@bloomberg.net, Ben Scent, Amy ThomsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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