Hess Corporation's most recent trend suggests a bearish bias. One trading opportunity on Hess Corporation is a Bear Call Spread using a strike $54.50 short call and a strike $59.50 long call offers a potential 27.55% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $54.50 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $3.92 would be incurred if the stock rose above the $59.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hess Corporation 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 Hess Corporation is bearish.
The RSI indicator is at 43.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
Were Hess’s 2Q16 Earnings and Revenue Beat Expectations
Fri, 29 Jul 2016 12:30:24 GMT
Analyzing Hess’s Profit Margin and Revenue Trends
Fri, 29 Jul 2016 12:30:24 GMT
Asian stock markets slip as investors await Bank of Japan
Thu, 28 Jul 2016 03:41:19 GMT
Hess (HES) Stock Closed Down on Mixed Q2 Results
Wed, 27 Jul 2016 20:33:00 GMT
Hess seeks over $40 mln from Schlumberger in valve dispute
Wed, 27 Jul 2016 20:00:28 GMT
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