Newfield's most recent trend suggests a bearish bias. One trading opportunity on Newfield is a Bear Call Spread using a strike $46.00 short call and a strike $55.00 long call offers a potential 5.26% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $46.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $8.55 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 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 at 52.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Newfield
Q2 2014 Newfield Exploration Earnings Release – After Market Close
Tue, 29 Jul 2014 11:07:03 GMT
Is Newfield Exploration (NFX) Stock a Solid Choice Right Now?
Tue, 22 Jul 2014 10:49:44 GMT
Newfield Exploration Launches First Corporate Responsibility Report
Mon, 21 Jul 2014 15:51:35 GMT
noodls – THE WOODLANDS, Texas, July 21, 2014 /PRNewswire/ — Newfield Exploration Company(NYSE: NFX) today released its inaugural corporate responsibility report. The report highlights the Company's commitment …
Newfield Exploration Launches First Corporate Responsibility Report
Mon, 21 Jul 2014 13:09:00 GMT
PR Newswire – THE WOODLANDS, Texas, July 21, 2014 /PRNewswire/ — Newfield Exploration Company (NFX) today released its inaugural corporate responsibility report. The report highlights the Company's commitment to corporate responsibility and sustainable business practices in its areas of operations, governance, safety and environmental stewardship as well as workforce development and community support. Newfield's report, Energy by People for People, captures and reports on many of the sustainable practices currently in place at the Company, and highlights the steps the Company plans to take to enhance the future quality and content of its corporate responsibility reporting.
Newfield Exploration Raises '14 Production Guidance & Capex
Fri, 18 Jul 2014 19:20:06 GMT
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