Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 9.89% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $55.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Haliburton
Drilling Into The Balance Sheet Of Halliburton
Thu, 12 Dec 2013 18:03:25 GMT
Seeking Alpha – Before selecting a stock, there are a number of things that you need to consider in order to ensure that you are buying the stock of a high-quality company whose shares are poised to grow in value over …
U.S. Drilling Rig Count Rises by 12
Wed, 11 Dec 2013 19:50:03 GMT
Zacks – Number of rigs searching for oil and gas in U.S. was up by 12 from the previous week to 1,775.
Lightning Round: Chevron, Halliburton & More
Tue, 10 Dec 2013 23:42:44 GMT
CNBC – Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
[$$] An Oil-Services Stock Rigged for Upside
Tue, 10 Dec 2013 19:49:00 GMT
Barrons.com – Sterne, Agee & Leach We are lowering our fourth-quarter earnings-per-share estimates on Baker Hughes, Halliburton, and Schlumberger owing to weaker-than-expected fourth-quarter Canadian activity, difficult weather in the U.S. land market and disruptions in Iraq. We reiterate our Buy rating for Halliburton (HAL) and Schlumberger (SLB); our rating of Baker Hughes (BHI) remains Neutral. With Canada representing about 15% of Baker Hughs' annual North American revenue, the softness in Canada weighs on Baker Hughes more than Schlumberger and Halliburton.
One Put, One Call Option To Know About for Halliburton
Mon, 09 Dec 2013 17:04:00 GMT
Forbes – Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Halliburton Company (NYSE: HAL). So this week we highlight one interesting put contract, and one interesting call contract, from the January 2014 expiration for HAL. The put contract our YieldBoost algorithm identified […]
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