Ingersoll-Rand's most recent trend suggests a bearish bias. One trading opportunity on Ingersoll-Rand is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 8.7% 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 $57.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $62.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Ingersoll-Rand 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 Ingersoll-Rand is bearish.
The RSI indicator is at 37.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ingersoll-Rand
Thermo King Recognizes Antelope Valley Transit Authority (AVTA) with Energy Efficiency Leader Award
Tue, 14 Oct 2014 11:00:00 GMT
Business Wire – Thermo King, a manufacturer of transport temperature control solutions for a variety of mobile applications and a brand of Ingersoll Rand, presented the Antelope Valley Transit Authority with the Energy Leader Award today at the American Public Transit Association Expo.
Ingersoll Rand Leader Honored with Prestigious Women Worth Watching Award
Mon, 13 Oct 2014 13:00:00 GMT
Business Wire – Maria Blase, president of the heating, ventilation and air conditioning and Transport Solutions Latin America business at Ingersoll Rand, was announced as a winner of Diversity Journal’s 13th annual Women Worth Watching Award.
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