Johnson Controls's most recent trend suggests a bullish bias. One trading opportunity on Johnson Controls is a Bull Put Spread using a strike $48.00 short put and a strike $43.00 long put offers a potential 8.7% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 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 dropped below the $43.00 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 at 68.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson Controls
Citi Under Fed Inquiry, Tesla's Rebound, Jim Cramer's Industrial Pick
Thu, 03 Apr 2014 11:38:00 GMT
3 Consumer Goods Stocks Nudging The Sector Higher
Wed, 02 Apr 2014 17:02:00 GMT
Johnson Controls Q1 earnings has risk potential, says RW Baird
Wed, 02 Apr 2014 12:39:53 GMT
Ingersoll-Rand or Johnson Controls for 2014?
Tue, 01 Apr 2014 12:15:59 GMT
GM's Barra Readies for Hill, Google's Big Split
Tue, 01 Apr 2014 11:39:01 GMT
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