Haliburton's most recent trend suggests a bullish bias. One trading opportunity on Haliburton is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 6.16% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Haliburton 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 Haliburton is bullish.
The RSI indicator is at 64.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
Halliburton's Q3 Results Lifted By Strong Activity In The Eastern Hemisphere
Tue, 22 Oct 2013 19:08:00 GMT
Forbes – While the results were aided by strong upstream activity in the Eastern Hemisphere, the company’s North American operations continued to face some pricing headwinds although this was offset by better efficiencies and rising offshore drilling
Nokia’s Big Reveal, Halliburton Recovers Some Ground, and 3 More Hot Stocks
Tue, 22 Oct 2013 19:07:05 GMT
Wall St. Cheat Sheet – Here are some hot stocks seeing market movement today.
Halliburton: Positive Catalysts Mean Further Gains Ahead
Tue, 22 Oct 2013 18:28:55 GMT
Seeking Alpha – Halliburton ( HAL ) is having a nice day despite delivering so-so earnings results. EPS did beat consensus by a penny, but revenue came in $60mm light with a total of $7.47B for the quarter. The core reason …
Analyst Moves: HAL, MCD, RKUS
Tue, 22 Oct 2013 15:02:00 GMT
Forbes – This morning, UBS reduced its EPS estimates on shares of Halliburton (HAL) as margins could see weakness as service contract renewals face pricing pressure. In the report, UBS set a $60 price target and maintained its buy rating. Shares of Halliburton were higher with the market today, climbing 1.4% so […]
Company news for October 22, 2013
Tue, 22 Oct 2013 13:24:55 GMT
Zacks – Companies in the News are: VFC,HAL,MAN,SILC
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