Newfield's most recent trend suggests a bearish bias. One trading opportunity on Newfield is a Bear Call Spread using a strike $25.00 short call and a strike $30.00 long call offers a potential 21.95% 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 $25.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock rose above the $30.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Newfield 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 Newfield is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Newfield
Oppenheimer Initiates Coverage On Newfield Exploration
Tue, 16 Dec 2014 14:49:19 GMT
Coverage initiated on Newfield Expl by Oppenheimer
Tue, 16 Dec 2014 10:39:57 GMT
Balyasny exits position in Newfield Exploration Co.
Mon, 08 Dec 2014 13:00:56 GMT
Newfield Exploration to Present at Upcoming Event
Wed, 03 Dec 2014 23:09:29 GMT
noodls – THE WOODLANDS, Texas, Dec. 3, 2014 /PRNewswire/ — Newfield Exploration Company(NYSE: NFX) is scheduled to present at 11:00 a.m. CST on December 11, 2014 at the Capital One Securities, Inc. 9th Annual …
Newfield Exploration to Present at Upcoming Event
Wed, 03 Dec 2014 22:44:00 GMT
PR Newswire – THE WOODLANDS, Texas, Dec. 3, 2014 /PRNewswire/ — Newfield Exploration Company (NYSE: NFX) is scheduled to present at 11:00 a.m. CST on December 11, 2014 at the Capital One Securities, Inc. 9 th Annual …
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