Murphy Oil's most recent trend suggests a bearish bias. One trading opportunity on Murphy Oil is a Bear Call Spread using a strike $47.50 short call and a strike $52.50 long call offers a potential 19.05% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock rose above the $52.50 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 20.68 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 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 …
MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
Tue, 02 Dec 2014 16:07:01 GMT
Thomson Reuters ONE – 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 …
New Concrete Technology Lays Foundation for Green Building Techniques
Thu, 27 Nov 2014 13:53:12 GMT
noodls – 27 November 2014 Johannesburg, 27 November 2014 – There could be no stronger statement about Murray & Roberts Construction's innovative approach to sustainable building technologies than applying this …
Possibility of a Profitable Growth in the Future
Tue, 25 Nov 2014 23:09:53 GMT
Murphy Oil Continues to Suffer on Weak Crude Oil Prices
Mon, 17 Nov 2014 16:20:02 GMT
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