Murphy Oil's most recent trend suggests a bearish bias. One trading opportunity on Murphy Oil is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 100% 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 $55.00 by expiration. The full premium credit of $2.50 would be kept by the premium seller. The risk of $2.50 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Murphy Oil 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 Murphy Oil is bearish.
The RSI indicator is at 54.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Murphy Oil
MURPHY OIL CORP /DE Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Other Events, Financial S
Mon, 22 Dec 2014 18:29:40 GMT
Filler' up: Booming biz for gas station stocks
Fri, 19 Dec 2014 17:19:08 GMT
Murphy Oil Corporation Closes First Phase Of Partial Divestiture Of Malaysian Assets
Thu, 18 Dec 2014 13:54:05 GMT
noodls – EL DORADO, Arkansas, December 18, 2014 – Murphy Oil Corporation (NYSE:MUR) announced today that its wholly owned subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd. (collectively …
Murphy Oil Corporation Closes First Phase Of Partial Divestiture Of Malaysian Assets
Thu, 18 Dec 2014 13:32:02 GMT
Thomson Reuters ONE – EL DORADO, Arkansas, December 18, 2014 – Murphy Oil Corporation (NYSE:MUR) announced today that its wholly owned subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd. (collectively …
MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
Tue, 02 Dec 2014 16:39:13 GMT
noodls – EL DORADO, Arkansas, December 2, 2014 – Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Wells Fargo 2014 Energy Symposium on Wednesday, December …
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