Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $62.00 short call and a strike $67.00 long call offers a potential 19.33% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock rose above the $67.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Haliburton 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 Haliburton is bearish.
The RSI indicator is at 27.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
The Zacks Analyst Blog Highlights: Baker Hughes, Halliburton, Schlumberger, Emerge Energy Services and Walgreen
Tue, 07 Oct 2014 12:32:24 GMT
U.S. Rig Count Down by 9 Mainly on Lesser Natural Gas Rigs
Mon, 06 Oct 2014 18:40:03 GMT
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Mon, 06 Oct 2014 15:16:03 GMT
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Fri, 03 Oct 2014 20:31:02 GMT
Why Halliburton (HAL) Stock Is Gaining Today
Fri, 03 Oct 2014 14:05:00 GMT
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