Infosys's most recent trend suggests a bearish bias. One trading opportunity on Infosys is a Bear Call Spread using a strike $23.00 short call and a strike $28.00 long call offers a potential 14.94% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $23.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $28.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Infosys 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 Infosys is bearish.
The RSI indicator is at 35.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Infosys
Infosys (INFY), SAP Tie Up to Provide BPTaaS to Enterprises
Thu, 16 Sep 2021 13:24:01 +0000
Infosys (INFY) collaborates with SAP to leverage BPTaaS to aid its clients to conduct in-depth digital transformation process analysis and evaluate performance against their industry peers.
Frost Bank Selects Infosys as Strategic Partner to Launch New Mortgage Loan Product Offering
Thu, 16 Sep 2021 13:16:00 +0000
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it would collaborate with Frost Bank to provide strategic business consulting and digital capabilities that will enable Frost Bank to offer mortgage loans along with its other consumer loan products. Infosys will help design the bank's mortgage loan process landscape from origination to servicing, design the end-customer experience, and select the most effective
Infosys and SAP Collaborate to Provide Business Process Transformation-as-a-Service to Enterprises
Wed, 15 Sep 2021 10:39:00 +0000
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with SAP, a market leader in enterprise application software, to provide Business Process Transformation-as-a-Service to enterprises.
EdgeVerve's AssistEdge 19.0 to Empower Human-Digital workforce to Build High-Performance Enterprise
Tue, 14 Sep 2021 12:31:00 +0000
EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, recently unveiled the latest version of its Automation platform AssistEdge 19.0. This new version of the platform is designed to support and scale large process automation programs for global enterprises. Enterprises can now get empowered with granular process visibility and sophisticated orchestration capabilities to seamlessly integra
Affirm (AFRM) Option Traders Bullish Ahead of Earnings
Thu, 09 Sep 2021 20:29:42 +0000
Trading volumes indicate that traders have been buying calls and selling puts in anticipation of a positive earnings report.
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