Hershey's most recent trend suggests a bullish bias. One trading opportunity on Hershey is a Bull Put Spread using a strike $105.00 short put and a strike $95.00 long put offers a potential 10.13% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $9.08 would be incurred if the stock dropped below the $95.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hershey 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 up which suggests that the medium-term momentum for Hershey is bullish.
The RSI indicator is at 74.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hershey
Hershey Trust Board member Joan Steel resigns
Mon, 11 Jul 2016 23:05:50 GMT
Hershey Trust Board member Joan Steel resigns
Mon, 11 Jul 2016 23:05:50 GMT
Board resignation at Hershey Trust adds uncertainty in fact of Mondelez pursuit
Mon, 11 Jul 2016 19:50:24 GMT
Hershey (HSY) Stock Rises as Trustee Resigns
Mon, 11 Jul 2016 18:34:00 GMT
Hershey Trust Board Member Resigns From the $12 Billion Charity
Mon, 11 Jul 2016 17:22:09 GMT
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