Ingersoll-Rand's most recent trend suggests a bullish bias. One trading opportunity on Ingersoll-Rand is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 9.89% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Ingersoll-Rand is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Ingersoll-Rand is bullish.
The RSI indicator is at 58.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ingersoll-Rand
INGERSOLL-RAND PLC Files SEC form 10-Q, Quarterly Report
Wed, 23 Oct 2013 15:54:06 GMT
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Mon, 21 Oct 2013 16:19:01 GMT
theflyonthewall.com – GE climbs after Citi adds stock to Focus List
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Mon, 21 Oct 2013 16:00:00 GMT
Earnings jump over lowered expectations bar
Mon, 21 Oct 2013 13:40:07 GMT
CNBC – Are earnings doing better than expected? This is a big week for earnings, but there are some encouraging signs that both earnings and guidance are not going to be as disappointing as feared.
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