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 29 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 70.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson Controls
Coverage initiated on Johnson Controls by FBR Capital
Wed, 19 Feb 2014 12:39:21 GMT
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JOHNSON CONTROLS INC Financials
Thu, 06 Feb 2014 18:04:06 GMT
JOHNSON CONTROLS INC Files SEC form 10-Q, Quarterly Report
Mon, 03 Feb 2014 16:21:35 GMT
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
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