Hess Corporation's most recent trend suggests a bearish bias. One trading opportunity on Hess Corporation is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 16.82% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock rose above the $85.00 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 24.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
3 Energy Companies Underwent Extreme Makeovers but Should Investors be Interested?
Sat, 18 Jan 2014 15:06:00 GMT
Motley Fool – ConnocoPhillips, Devon Energy, and Hess look completely different than they did a little while back, so should you invest in them?
Should Companies in the Utica Be Disappointed by These Numbers?
Fri, 17 Jan 2014 15:08:15 GMT
Motley Fool – So far, the Utica shale formation is turning out to be more natural gas heavy than many had hoped, should that turn you away from heavy hitters like Chesapeake Energy and Gulfport Energy
Can Hess Have Its Cake and Eat It Too?
Thu, 16 Jan 2014 15:12:04 GMT
Motley Fool – Hess is divesting assets to focus on high-growth properties; is this going to pay off, and what's next for Hess?
Indonesia plans Pertamina acquisition of gas utility PGN
Thu, 16 Jan 2014 12:11:49 GMT
Reuters – Indonesia plans for state energy company Pertamina to acquire state gas utility Perusahaan Gas Negara , a minister said on Thursday, as Southeast Asia's largest economy moves to reduce supply bottlenecks. …
Crude Oil Inventories Book Huge Drawdown, Cold Hits Distillates
Wed, 15 Jan 2014 18:57:30 GMT
TheStreet – Crude oil inventories drew 7.7 million barrels for the week ended Jan. 10 which was far more than analysts' expectations of a 673,000 barrel drawdown.
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