Johnson Controls's most recent trend suggests a bullish bias. One trading opportunity on Johnson Controls is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 11.11% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Johnson Controls 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 Johnson Controls is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Johnson Controls
Brookfield Venture Wins $8.5 Billion Contract Over SNC
Sat, 08 Nov 2014 18:39:49 GMT
Storm The Castle: Johnson Controls (JCI)
Fri, 31 Oct 2014 14:37:00 GMT
Johnson Controls Inc (JCI) Earnings Report: Q4 2014 Conference Call Transcript
Fri, 31 Oct 2014 12:11:00 GMT
Auto Suppliers Drive Opposite Routes On Wall Street
Thu, 30 Oct 2014 18:22:00 GMT
Johnson Controls Tops Q4 Earnings on Solid Performance
Thu, 30 Oct 2014 15:30:07 GMT
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