Norfolk Southern's most recent trend suggests a bearish bias. One trading opportunity on Norfolk Southern is a Bear Call Spread using a strike $110.00 short call and a strike $120.00 long call offers a potential 6.38% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock rose above the $120.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Norfolk Southern
CSX 4Q EPS Up; Rev Meets Ests
Tue, 13 Jan 2015 21:42:00 GMT
NORFOLK SOUTHERN CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit
Tue, 13 Jan 2015 20:39:53 GMT
3:27 pm Norfolk Southern announces Donald W. Seale, EVP & CMO to retire effective March 1, 2015
Tue, 13 Jan 2015 20:27:00 GMT
Norfolk Southern EVP and CMO Don Seale to retire
Tue, 13 Jan 2015 20:23:00 GMT
PR Newswire – NORFOLK, Va., Jan. 13, 2015 /PRNewswire/ — Donald W. Seale, executive vice president and chief marketing officer of Norfolk Southern Corp. (NSC), has announced his plan to retire effective March 1, 2015, Chairman and CEO Wick Moorman said today. “Don's central role in building Norfolk Southern's culture of continuous improvement in customer focus began at the corporation's creation, and we will continue to benefit from it well into the future,” Moorman said. NS' board of directors will name Seale's successor at a later time. He served in numerous sales and marketing capacities relating to the railroad's service to its merchandise and coal customers before being named senior vice president marketing services in 2003, executive vice president sales and marketing in 2004, and executive vice president and chief marketing officer in 2006.
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