Hewlett Packard's most recent trend suggests a bearish bias. One trading opportunity on Hewlett Packard is a Bear Call Spread using a strike $34.00 short call and a strike $39.00 long call offers a potential 16.01% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $34.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock rose above the $39.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hewlett Packard 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 Hewlett Packard is bearish.
The RSI indicator is at 38.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hewlett Packard
HP, EMC merger likely dead
Wed, 15 Oct 2014 22:44:00 GMT
[$$] H-P to Resume Stock Buybacks
Wed, 15 Oct 2014 21:48:23 GMT
The Wall Street Journal – H-P said it would resume its stock repurchase program, which it halted about a week ago, as the tech giant said it is no longer in possession of material non-public information.
Why Hewlett-Packard Continues To Reinvent Itself
Wed, 15 Oct 2014 17:50:00 GMT
HP-EMC merger talks believed officially over
Wed, 15 Oct 2014 16:28:06 GMT
Annual Study Reveals Average Cost of Cyber Crime Escalates 96 Percent to $12.7 Million per Organization
Wed, 15 Oct 2014 16:22:37 GMT
noodls – PALO ALTO, Calif., October 15, 2014 – HP today unveiled the results from its fifth annual study in partnership with the Ponemon Institute detailing the rising cost, frequency and time to resolve cyber …
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