Ingersoll-Rand's most recent trend suggests a bearish bias. One trading opportunity on Ingersoll-Rand is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 6.38% 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 $60.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $65.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Ingersoll-Rand
Ingersoll Rand Partners with Swan Racing for 2014 NASCAR® Sprint Cup Series Season
Thu, 30 Jan 2014 14:00:00 GMT
Business Wire – Ingersoll Rand, the manufacturer of innovative tools and compressed air, material handling and fluid management equipment, announced today that it has signed a partnership deal with Swan Racing.
Companies Fleeing Taxes Pay CEOs Extra as Law Backfires
Mon, 27 Jan 2014 05:01:00 GMT
Bloomberg – Ten years ago, Congress passed a law intended to penalize chief executive officers whose companies shift their legal addresses to tax havens. It hasn’t worked out as planned. Companies have found ways …
The Peltz effect
Tue, 21 Jan 2014 23:25:00 GMT
CNBC – Mad Money host Jim Cramer discusses the addition of activist investor Nelson Peltz's to Mondelez's board and looks at his track record in helping companies deliver.
Ingersoll Rand Recognized as One of the Achievers 50 Most Engaged Workplaces™ in the United States
Tue, 21 Jan 2014 13:00:00 GMT
Business Wire – Ingersoll Rand , a world leader in creating comfortable, sustainable and efficient environments, was selected as one of the Achievers 50 Most Engaged Workplaces™ in the United States.
ModernGraham Valuation Of Ingersoll-Rand plc
Sun, 19 Jan 2014 09:22:02 GMT
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