Norfolk Southern's most recent trend suggests a bearish bias. One trading opportunity on Norfolk Southern is a Bear Call Spread using a strike $92.50 short call and a strike $97.50 long call offers a potential 25% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $92.50 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock rose above the $97.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Norfolk Southern 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 Norfolk Southern is bearish.
The RSI indicator is at 29.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Norfolk Southern
Norfolk Southern dedicates locomotive honoring nation's first responders
Thu, 04 Jun 2015 16:27:00 GMT
PR Newswire – WASHINGTON, June 4, 2015 /PRNewswire/ — Norfolk Southern (NSC) in a ceremony at Washington, D.C.'s Union Station unveiled its latest commemorative locomotive, a vibrant SD60E honoring emergency first responders. The locomotive – with insignia recognizing police, fire, and emergency services – will enter general revenue service on Norfolk Southern's 22-state network. “We hope everyone who sees this locomotive will think about the dedication, the expertise, and the sacrifices first responders make to serve our communities.
NORFOLK SOUTHERN CORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Bal
Tue, 02 Jun 2015 19:27:54 GMT
Norfolk Southern brings “Train Your Brain” public safety campaign to Georgia
Mon, 01 Jun 2015 19:41:00 GMT
PR Newswire – NORFOLK, Va., June 1, 2015 /PRNewswire/ — Norfolk Southern (NSC) is bringing its Train Your Brain public safety campaign to central and south Georgia to remind people to be safe and alert around railroad tracks and trains. “The images are intended to grab drivers' attention and encourage them to cross tracks safely,” said Cayela Wimberly, Norfolk Southern's director of grade crossing safety.
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