Johnson Controls's most recent trend suggests a bearish bias. One trading opportunity on Johnson Controls is a Bear Call Spread using a strike $48.00 short call and a strike $55.00 long call offers a potential 9.38% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $48.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $6.40 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Johnson Controls 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 Johnson Controls is bearish.
The RSI indicator is at 51.66 level which suggests that the stock is neither overbought nor oversold at this time.
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
Jim Cramer Answers Twitter Questions on Amazon, Eaton, UnderArmour
Mon, 14 Apr 2014 15:28:00 GMT
Johnson Controls announces Second Quarter 2014 Earnings Conference Call Webcast
Wed, 09 Apr 2014 18:45:00 GMT
PR Newswire – MILWAUKEE, April 9, 2014 /PRNewswire/ — Johnson Controls (NYSE: JCI), a global multi-industrial company with core businesses in the automotive, buildings, and energy storage industries, announces the …
Commercial Truck Sector Should Pick Up, Says Analyst
Wed, 09 Apr 2014 14:08:00 GMT
Johnson Controls: Profitable Divestment Decisions
Fri, 04 Apr 2014 21:07:05 GMT
Citi Under Fed Inquiry, Tesla's Rebound, Jim Cramer's Industrial Pick
Thu, 03 Apr 2014 11:38:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook