Johnson Controls's most recent trend suggests a bearish bias. One trading opportunity on Johnson Controls is a Bear Call Spread using a strike $47.00 short call and a strike $55.00 long call offers a potential 8.11% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $7.40 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 below 20 which suggests that the stock is in oversold 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
JOHNSON CONTROLS INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
Fri, 31 Jan 2014 19:41:39 GMT
Brian J. Cadwallader appointed vice president and assistant secretary of Johnson Controls, Inc.
Thu, 30 Jan 2014 16:56:00 GMT
Johnson Controls: Investors Can Take Advantage Of Upcoming Growth
Wed, 29 Jan 2014 19:36:00 GMT
Johnson Controls announces quarterly dividend
Wed, 29 Jan 2014 13:56:00 GMT
China Factor: Long-term vs short-term
Mon, 27 Jan 2014 19:02:00 GMT
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